The listings featured on this site are from companies from which this site receives compensation. This influences where, how and in what order such listings appear on this site.
5KFUNDS Review
Reviews 36
Visit Site
Reviews 36
Bestmoney Staff
May. 17, 2021
2 min read
BestMoney Staff
5KFUNDS Summary
5Kfunds connects people seeking loans to its network of reliable lenders. It offers an effortless way to fund life projects, vacations, and other expenses in an affordable, quick way, avoiding complications and red tape. With a simple online pre-qualify form, 5Kfunds gives the leverage back to consumers as lenders compete for their business in a modern marketplace.
  • Reputable lenders, variety of loan alternatives
  • The application process is quick and straightforward
  • US-based customer support
  • Not many educational resources
  • Little information about lending partners on the website
  • No live chat


Suitable For?

With a lightning-fast application and the ability to get funds delivered directly to a bank account, 5Kfunds is an ideal solution for anyone looking for an efficient and affordable way to finance life projects, expenses, or other spending. Its partners offer competitive interest rates and a good variety of repayment terms, giving borrowers the opportunity to compare options before making a choice. 5Kfunds’ simple application will also match you with the loan providers that are most likely to grant approval. Thanks to an extensive network of reputable lenders, you can get even better value as lenders compete for your business. Moreover, 5Kfunds doesn’t put any limits on how you use your loan, making it ideal if you want the freedom to pick the right loan for your specific needs.

Loan Feature

5Kfunds is not directly a lender, but it still provides customers with a wide range of options for personal loans. The company’s network of lenders offer a solid range of loan amounts, alongside great interest rates and flexible loan terms. Should any questions arise during the process, 5Kfunds’ US-based customer support is on hand to help answer any questions. 5Kfunds also stands out for its simple application, which takes only a few minutes before matching you to several lenders with options that match your needs and financial circumstances. Here are some of the highlights for 5Kfunds:

  • Straightforward application
  • Network of 100 reputable loan providers
  • Up to $35,000 in loans available for as long as 72-month terms
  • Competitive interest rates
  • US-based customer support
  • Match instantly to a lender
  • Reach customer support via email or telephone
  • Commitment to protecting customers’ information

The Application Process

Getting started with 5Kfunds only takes a few minutes. The initial application process takes you through several pages and collects basic information, including personal details and some banking records. Once complete, the company instantly matches you to the available lenders based on financial circumstances. It is important to remember that 5Kfunds’ application only prequalifies candidates, but official terms and conditions for the loan are negotiated directly with the lender you are matched with. A positive feature of this process is that 5Kfunds does not require a credit check to get started, though a lender might require it for final loan approval. From start to finish, the application process takes under 10 minutes, and funds can be approved shortly thereafter once you agree on terms with your chosen loan provider.

Loan Terms - The Bare Basics

With a network of 100 reliable loan providers, 5KFunds can help borrowers find a wide variety of alternatives at competitive rates. The application process is extremely intuitive, taking less than 10 minutes before capably matching you to several potential lenders. Once matched, the page that displays the possible choices is incredibly useful and easy to use.

The initial application does not require a credit check, and 5Kfunds is partnered with lenders that offer loans to borrowers with a wide range of credit scores. Before approval, some loan providers may require a credit check further into the application process.

5KFunds’s lender network offers loans up to $35,000, with APRs between 5.99% - 35.99%. Furthermore, the company can help match you with incredible precision to a lender that fits your credit qualifications.

You don’t need to submit any paperwork during your application, and even when you reach an agreement with your loan provider, all documents can be signed electronically. In addition, it is also worth noting that 5Kfunds’ services are completely free. The company does not charge customers to apply or match with a lender. The company does collect a small fee after you are matched, but we found it remained objective and continued to connect customers to available lenders.

Repayment Terms

One of the areas where 5Kfunds stands out in particular is the repayment terms available from its network of lenders. The company’s partners offer loans from less than $1,000 up to $35,000. For most of the loans, you can choose terms between 2 and 72 months. These terms offer tremendous flexibility when combined with the rates offered, and allow customers to find terms that are tailored to their individual circumstances. It is important to keep in mind that the rates quoted by 5Kfunds’ websites are representative, and individual lenders may offer slightly different terms when you reach the negotiation stage. 

Privacy & Security

5Kfunds places a serious emphasis on customers’ information security. It uses industry standard protections and secure servers to protect all valuable personal details. Additionally, all data is encrypted using bank-level security protocols. With a very thorough privacy policy, it is transparent about the information it collects, as well as how it’s used. 5Kfunds does not share your information without your consent, although it does distribute some details to partners and service providers. We were happy with the level of seriousness 5Kfunds dedicates to information security.

Help & Support

One of the features of 5Kfunds is its supportive customer service. The company offers US-based support that can be reached by both telephone and email. The phone line is available during business hours on weekdays, while the email channel is open 24/7. When we called, we did not wait long before representatives answered our questions promptly and effectively. Via email, we found that the company usually replies in a short time with professional and knowledgeable responses. Apart from dialogue with representatives, the company’s website also features an informative FAQ section to help tackle lending basics.


Access to a wide network of reliable loan providers means 5Kfunds is able to give customers a high degree of choice when it comes to personal borrowing. With a simple application process that effectively matches you immediately with a range of lenders, 5Kfunds delivers an easy way to compare different borrowing options as providers compete to give you a loan. While it could offer a slightly higher range of loan amounts, the company’s combination of terms and interest rates make for an excellent blend of convenience and flexibility. Individuals looking for a quick and efficient way to access funds while reviewing all their choices will appreciate 5Kfunds effective solution for comparing available borrowing options.

Physical Address

5Kfunds Corp.

11041 S Eastern Ave

Henderson, NV



BestMoney Staff
Written by
Bestmoney Staff
Our editorial staff consists of writers who are knowledgeable about financial services. We specialize in simplifying the process of choosing the right provider for your needs.
Top Debt Consolidation
Freedom DR
Freedom DR
Read Review|Visit Site
Read all reviews
Trustpilot reviews
See what some costumers are saying about 5KFUNDS
Reviews 36
angel ruiz
a month ago
Good job company
david valdez
12 days ago
Much more than a scam...... Careful!
They asked for all my information including banking account information. Never good and definitely a scam for false approval or no good banks with very high interests. Almost made me feel like they wanted to put my vehicle or house for collateral. Might as well give them my house and car, I don't think so!!!!
phillip chambers
19 days ago
Predatory Lenders! I submitted all my info until it wanted…
I submitted all my info until it wanted my Bank Account & Routing numbers before it ever gave me any Terms. No way in hell am I going to give someone my Banking Info that I’ve never even heard of. This Screams Scam & Predatory Behavior! I would steer clear of these people at all costs.
miss b
a month ago
Not Today ...
Just bailed out of this fast moving app, once it prompted me to input my banking information with no terms and no that familiar feeling of walking into landmine territory....abort mission . Leary of this company
derrick jee
a month ago
Scam, confirmed in mid 2023
I gave it all my info and it gave me a bunch of cheap scam websites, INCLUDING "swagbucks" or whatever that old thing is called. Literally 100% a scam website. They started texting me almost immediately after I gave them my number, multiple times within 10 minutes. They "confirmed me for an appointment" without me setting up anything. All just really creepy.
karen s
2 months ago
Refers you to expensive Trbal Lenders...
They refer you to one Tribal Lender after another which are basically overly priced payday loans. It is a waste of time. They are not a direct lender and send you the worst loan options.
2 months ago
5kfunds is a disgusting operation
5kfunds is a disgusting operation. They are predatory. Like many others have stated I made the mistake of providing them with my personal information after confirming they were credible with nerdwallet. My personal email is now receiving 100's of spam messages and I'm receiving unwanted phone calls after 5kloans sold my personal information. This site needs to be reported!
2 months ago
I’m glad I saw all the reviews before…
I’m glad I saw all the reviews before officially entering my bank information. Didn’t realize getting a loan would be difficult
2 months ago
The worse
The worse! I am 100% sure they are not legit. I apply and they just keep sending me to a bunch of websites that look super sketchy. Also, after I apply I keep getting weird emails i regret giving them my bank info.
daniel servedio
3 months ago
The biggest scam this world has ever seen
They really think I'm going to give them my routing number and my bank account number don't ever do that They think because we're elderly and naive that some of us are Pretty d*** smart so they can take their They're fine words and shove it up Where the sun don't shine
maria salazar
4 months ago
Dont do it
Gave them all my information. got no money & honestly am now terrified, i have got spam mail yet, but I gave them a lot of information so im scared what they will do with that
elizabeth winkler
4 months ago
I also went through this until I got…
I also went through this until I got the wanting the account information. No one has ever asked me for that before providing terms. They are now sending me a ton of message and I'm blocking them all. Illinois just passed a law that preditory lenders cannot do business anymore in IL so anything they would provide couldn't be done anyway. So yes stay away from 5K at all costs
mary thompson
4 months ago
5k Scam to get personal banking information
5k boasts about no loan being over 36% apr, I checked with them out through Wallet Hub and another site, both said 5k was reputable and transparent.. they lied just as much as 5k. I went through their questions, gave banking information, (against my better judgment), but I truly thought since Wallet Hub and others said they're legit, I'd go ahead and do that.. I got redirected to predatory lenders offering me loans with an over 700% apr. I'm getting call after call, text after text and my email is blowing up with predatory lenders "offering" me loans. If I had wanted a loan with a 700% interest rate, I would have looked for one myself. I would never suggest 5k loans to anyone. Nor will I ever suggest anyone trust Wallet Hub.
yesenia fernandez
5 months ago
SCAM! To gain access to your information. I completed the entire process entered all my personal information and now im worried what its being used for since all I got was a bunch of companies for services with fees. A long tedious process and waste of time.
jr smith
6 months ago
Punk ass company ask me for all my…
Punk ass company ask me for all my information to just waste my time and send me bull crap emails .. find a different company .. yes I took my time to leave a comment for a reason
nora gonzales
6 months ago
Don't bother, not legit
This is the 2nd company I've tried that asks for ALL your personal info & bank acct info before showing what terms & amount you would qualify for. I didn't give my bank info. I hit "Previous" and deleted the personal info I had entered. I'm going to go with a legit company like Lending Tree.
dan kelly
6 months ago
Place is a joke
Place is a joke. Approved. Easy. Oh wait actually pay for this credit service to check your score when you already know your score the we sell your info and deny you. Absolutely atrocious company. I now have a millions texts and emails from people trying to lend me $500 with 700% interest. Dude I don’t need $500. What a scam. Thought 3k to fix my car would be easy with a 690 credit. Wow. I’ll just pay cash. What a crap company.
6 months ago
It’s a scam
It’s a scam. I input all my information Social, bank account number, & birthdate but no loan offer at all. Now I am worried 😭
golden flaws
6 months ago
so as i was going thru i unfortunately gave them my bank information and now i’m super nervous so i don’t know if my information is gonna be out there to thousands or what but i feel so unsafe and unsecured, i don’t know what to do but they need to b stopped seriously.
7 months ago
Tricked and nervous
Well, I feel tricked and nervous. I clicked through a Facebook post about ways to increase your income. The first suggestion was to try to get a debt consolidation loan. I clicked it and began answering the questions to see if I qualified for a loan. I stopped when it asked for my bank information without even offering loan terms. I gave them tons of personal information. Now I have to worry what they are going to do with it. Seriously, who gives out banking information without first deciding on terms!! This must be a total scam.
will creamer
7 months ago
Scam. Do not give information
amy ladawn
7 months ago
Positive reviews are all from the same week 2019
Scam. I stopped before I made it through the application when they asked for my bank info. Unfortunately, I'd already given them all my other info. What a scam! There are only one and five star reviews here. The 3 star reviews were all posted in the same week Nov 2019. We should be able to sue fake companies like this!
jeff byrne
7 months ago
Scam, phishing.. Keep reading its all true
mike d
8 months ago
Stay away or they’ll spam you!
My suggestion. Move on to another company. I read reviews on another site and they were positive. I didn’t even make it all the way through the process to apply for a loan before I quit the application. Unfortunately I had put in my email address. Now I get about 80-100 spam emails a day. I unsubscribe but continue to get the same email from the same email address. Bogus. Do not apply or even walk through the process. They’ll get your info and spam you. Luckily I didn’t give me phone number. Awful awful “business”.
zachary sallinger
9 months ago
Read the fine print
Ran my credit report without open disclosure. Immediately bombed with spam texts. Company is trash.
10 months ago
Don't trust
They ask for your bank account information before you're even sure you'll get a loan. I don't trust it. Very sketchy. I do believe this company just sells your personal information. Avoid at all costs!
paul chunglo jr.
10 months ago
Total Scam Beware!!!
I entered a lot of very personal information and was tricked into a credit reporting service I never wanted or even agreed to. No loan was ever offered or even addressed. Total Scam!! I'd like to see some proof from the reviewers that say they received a loan. I am willing to bet on the fact that this company never helps anyone receive a loan.
a year ago
Do not give this company your personal…
Do not give this company your personal information. I missed the part where they sell your phone number/information. I thought this was a secure, legitimate company to help people get loans. After a google search I made sure I was on the official, secure website. I don’t have any reason to believe they would not have tossed my social security number out in the open, after this fact. Of course it was mostly my fault, but seriously don’t fall for it.
a year ago
Asked for extremely personal…
Asked for extremely personal information and then redirected me to several different sites. Do not use this site!
tim daniel
a year ago
5K Funds is a Scam
5K Funds is a Scam. I applied for a loan online and paid for a credit report. A short time later I was asked to pay a second time for a credit report. No loan was addressed.
g j
2 years ago
Provided sensitive information
Provided sensitive information, only to continuously be redirected to third party lenders. Never received a loan. My information is still out there. Not right.
2 years ago
So far its been like 7 months and Ive…
So far its been like 7 months and Ive ReAPPLIED for like a zillion loans even for as low as $200 and NEVER a penny ??? Really 5K ? And yet they STILL BLOW up my Cell with BOGUS text messages SAYING THAT Ive BEEN APPROVED and oH Congratulations and just click here to RELEASE your $ funds to your account Immediately! Texts and Emails STILL all the time and NO MONEY ever So I have to ask , WHAT THE HELL ?
jannette cruz
4 years ago
Excellent service!
Excellent service! The money was in my account the same day I applied and I was able to renovate my kitchen. 100% Recommended!!!
4 years ago
Super fast and trusted!
Wow! Thanks to this quick loan I was able to pay my credit card on time! Money in my account in less than 8 hours.
sandra teller
4 years ago
I was able to get the funds I needed…
I was able to get the funds I needed for car repair within pretty much the same day I applied for a loan. Super fast! Definitely recommend to the ones who need funds fast.
4 years ago
They do nothing but we'll your data…
They do nothing but we'll your data once they have it you Get redirects for days all with 3rd party fee crooks .don't give them any data .