NorthWestern Financial Review


5KFunds Overall rating: ★☆☆☆☆ 1 based on 23 reviews.
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Online Payday Personal Consumer Loans up to $5,000

Easy Application, Fast Processing, Quick Approval, Any Credit Score

Request a Loan

5KFunds logo

5KFunds is a popular lending marketplace, offering easy and convenient loan comparisons from 100+ legit direct lenders, all in one location. With this free online service, you can get a loan within 24 hours and choose the most suitable repayment periods of up to 72 months. A 5KFunds loan can be a perfect option if you need an instant loan. Founded in December 2015, 5KFunds operates under Sincerely, LLC. The company is headquartered in Boca Raton, Florida.

Company name 5KFunds
Founded 2015
Address 6195 Macon Road Suite 3 Memphis, TN 38134
Phone number
(800) 884-8067
Email  No
5KFunds site


  • A top lending marketplace in the U.S.
  • All credit types are welcomed
  • No collateral required
  • A straightforward and simple application process
  • 100% free application process
  • Quick funding
  • Qualify within a few minutes
  • No credit check is required
  • Application won’t affect your credit score
  • Loan amounts up to $35,000


  • Not a direct lender
  • Potentially high APRs
  • Not available in NY, CT, VT, WV, AK, and GA
  • No online chat feature
  • No toll-free helpline for assistance
  • All recent reviews are bad

Bottom line

5KFunds can be a good option for those looking for a quick online payday loan without requiring an exceptional credit score. By comparing multiple lenders, the online platform can select the right loan offers from trusted U.S. lenders, and there are no application fees.

5KFunds may not be the right option for you if you want the lowest APR rates, need to borrow more than $35,000, need a secure loan, or live in these states: NY, CT, VT, WV, AK, or GA.

Types of loans offers unsecured loans ranging from $500 to $35,000 with APRs starting from 5.99%. The lender offers flexible repayment options and there are no minimum credit score requirements.

You will have up to 72 months to repay your loan, and the approval process is speedy.

Eligibility criteria

In order to get approved for a payday loan with, you need to comply with a few basic requirements:

  1. Be at least 18 years old.
  2. Be a U.S. citizen.
  3. Have a valid, active bank account that accepts direct deposits.
  4. Have a stable income.
  5. Have a phone number and email address.
  6. No minimum credit score is required.

Category: Online Loans

Tags: Alabama, Alaska, Arizona, California, Colorado, Delaware, District of Columbia, Florida, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming

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5KFunds Reviews

This is the 3nd payday loan provider I’ve tried that asks for ALL your personal information & bank account details before quoting precise terms and amount you would be eligible for. I didn’t enter my bank information. I clicked “Previous step” and deleted the personal detail I had already entered. I’m going to apply with another company. Do not use this website. It is NOT safe
- Roy Winton

So as i was a fool and gave them my financial and personal information and now i’m super nervous so i don’t know if my sensitive data is safe….i feel so unsecured, i don’t know what to do now but will never recommend this company to anyone.
- Julie Malveaux

5KFunds are now sending me a ton of message every day and I’m tired of blocking them all. Please stay away from this website at all costs.
- Hollis Pouros

They asked for extremely personal information and then redirected me to multiple third party websites. Do not apply with this site! Look elsewhere
- Robert Littel

5KFunds won’t help people. They only send your personal data to 3rd party fee crooks. Don’t give 5KFunds any data.
- Bertha Erdman

Checked my credit report without any notice. Bombed me with hundreds of spam texts. Awful company.
- Kaylah Abbott

Provided my personal information, only to be redirected to third party lenders. Never received any money. Now they have my sensitive information. Not recommended.
- Madalyn Herzog

This online platform is a joke. Declined my request despite my good credit and permanent income. Absolutely worst company. I now have millions messages and calls from people offering loans with sky-high interest. Guys, I don’t need this. 100% scam. Worst company.
- Queen Bayer

Scammers. Do not give them your personal information!!!
- Jocelyn Hagenes

Keep away from this website!! they are sending endless spams now and redirecting applicants to other fake lenders. Said goodbye to my personal information..
- Dayne Crist

I gave them a lot of very sensitive personal and financial information. They checked my credit, although I never even agreed to this. No loan was ever offered. Worst matching service!! I think 5KFunds was a good company in the past, but now ALL reviews are bad, starting from 2020. I am sure that in 2023 this company cannot help anyone receive a loan.”
- Eduardo Patterson

SCAMMERS! Their only goal is to gain access to your sensitive information. I completed the entire application process, gave them all my personal details and now im so worried what they gonna do with my info. I would have read these reviews before applying for a loan. Total scam and waste of time.
- Khalil Norman

They ask for your bank account details before you even get info about your loan. I don’t trust this company. Very suspicious. I think they just sell your personal info. Avoid this place at all costs!
- Ruth Gray

They advertise their APRs do not exceed 36%. They redirected me to predatory lenders offering me loans with a ridiculous APR of over 700%. I’m over flooded with scam emails and calls “offering” me loans. Who would agree to a 700% interest rate??? Do NOT ever use
- Adelynn Hopkins

It’s a scam. I gave all my information, including my Social security number, bank account number, & phone number but no loan offer at all. Now I am VERY worried ..
- Landon Richardson

Well, I feel terribly nervous. When I needed a loan, I found this website and began answering the questions to see if I was eligible for a payday loan. I interrupted the process when they asked for my bank information without even quoting loan rates and terms. I gave them a LOT of my personal details. Now I have to worry what 5KFunds are going to do with it. Seriously, no legit company will ask for your banking information without first offering terms!! This company is a total scam.
- Alessandra Ramos

Do not give 5KFunds your personal information. I missed the part in the agreement where they sell your phone number and other personal information. I thought this was a safe, legitimate loan referral service. As a result, no money and no confidence that my info will be safe and secure. BEWARE!!!
- Joel Brown

Gave them all my sensitive information. Received no money. Now they send spam mail every day. I gave them a lot of personal information so I’m scared what they can do next
- Willow Perkins

I think you’d better find another company. I read user reviews on other websites and they were positive. Unfortunately I gave them my email address and phone number. Now I get about 50 spam emails per day. I block them but continue to get the same email from another email address and phone number. Terrible. Do not even start the application process. They’ll get your contact info and spam you. Awful illegal company.
- Selena King

It is a scam. I applied for a $500 loan online and got approved for no reason.
- Luis Webster

Terrible company! they ask me for all my personal information to just waste my time and send me tons of scam emails .. so disappointing!!! i recommend that you find a different company ..
- Blair Garcia

their ads looked promising since I have a low credit score and their website stated it worked with poor credit. They did not help me, so I think false advertisement is a way to get the personal information of other people and do nothing else
- Rubie Berge

Scam. I started my application when 5KFunds asked for my bank account info. Regretfully, I’d already given them all my other data. What a waste! Good reviews are all from 2019! I will file a complaint about this fake company!
- Lilliana Cormier

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