5K Funds - Reviewed & Compared

Summary

5K Funds works with consumers who need small to moderate loans fast, and at a good rate. They are an aggregator service, finding several lenders who match borrowers’ criteria. Let’s see how they stack up.

Company Overview

A more recent entry into online lending, 5KFunds has quickly made a name for themselves by being a comprehensive lending source for borrowers who need a moderate loan at a good rate.

MORE: Is Getting a Personal Loan Right for You?

What 5K Funds Does Best

They bring lenders and consumers together quickly and easily. Of note is their ability to find lenders who offer good interest rates for all loan amounts up to $35,000.There’s a simple online application, and bam, there are your lenders. It’s one of the easiest online application processes I’ve used. The money also can hit your bank account directly, which is cool.

MORE: Is Getting a Personal Loan Right for You?

Any Negatives?

Not really. Ok, others have been in business longer, but that won’t matter to most borrowers.

What Others Are Saying

I couldn’t find anything negative on them – it seems most folks interactions have been positive.

Our Final Verdict: 8.6/10

I like 5k Funds a lot – they do everything you want an online lending source to do, quickly and easily. If you need a loan, and don’t want to pay excessive rates, give 5KFunds a shot.

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