Frequently Asked QuestionsHave a question? We've got answers!

What is a personal loan?

Personal loans are online loans that can range between $100 and $10,000, and can be used for a wide range of expenses including emergencies. How much you can borrow will depend on several factors including your income, and the laws and regulations of your state. Personal loans are also referred to as signature loans or unsecured loans, because collateral is not for you to obtain funding. Personal loans are a quick and convenient way to get the funding you need in a short amount of time. You can request a personal loan from Speedy5k.com from anywhere using any device.

Because a signature loan or unsecured loan is not guaranteed by any collateral, they are a higher risk for lenders, and as such, typically have higher interest rates than secured loans.

What are the qualifications?

The qualifications for personal loan funding vary from lender to lender and state to state, depending on lending regulations. However, there are some basic requirements for personal loan funding that you must meet in order to qualify. You must have valid identification, regular income, and a bank account. You do not need to have excellent or good credit to qualify for a personal loan. However, the higher your income, and the better your credit score, the more likely you are to be approved for a personal loan.

When in doubt, you can simply complete our online request form, and get an answer instantly. If you’re approved, you'll be redirected to your lender's website automatically.

How much money can I borrow?

Customers can borrow anywhere from $100 to $10,000 using Speedy5k.com. Speedy5k is not a direct lender, and cannot determine how much funding you receive. Your loan amount is determined by the lender based on your individual creditworthiness, including income, employment information, as well as other factors. We work directly with personal loan lenders as well as other networks and advertisers across the country to help you with the funds they need, and to provide healthy competition for your business.

If you don’t qualify for a traditional personal loan, we may also offer you short-term credit products up to $1,500, which are best used for emergencies.

How much will it cost?

There are several factors that will determine the ultimate cost associated with obtaining a personal loan. Speedy5k.com does not charge a fee to use this website, and does not determine the costs. All the details and terms of your loan will be made available to you by the chosen lenders before you accept the offer. Some of the things that may affect the cost of a loan include the APR, the finance charges, whether the loan is paid on time, state regulations and more. It is important for you to review all of this information very carefully before you accept a loan to ensure you are not surprised with any charges in the future.

What is this website and how can I use it?

We are a totally free website where you can submit a loan request online and receive a decision in quick time. That’s right: you don’t have to pay us anything. And you don’t have to go anywhere or to stand in a long waiting line.

How can I submit my request with you?

We prepared a very simple form for you to fill in. When you’re done with it, just press one button to submit your request and wait a bit. Your request will be processed and answered soon.

What are the requirements for using your website?

We have a very short list of requirements here.

You can be eligible if you:
legally reside in the United States;
are 18 years old or older;
have a stable source of income.
If you want to get more info about our website, visit the section for Terms of
Use.

And what about my credit score?

Every credit score is welcome here. We are going to be straightforward with you: it’s really easier to get a deal when your score is OK. But having a less-than-perfect one doesn’t prevent you from submitting a request. Try it out and see where it goes!

But if I don’t like the terms of my offer, what can I do?

If you received an offer that doesn’t satisfy you, you can always refuse to proceed. You are under no obligation to agree to it and proceed with this deal. There are no fines and penalties if you refuse to go on with this offer.

Is my information safe with you?

We are very serious about our reputation. We’ve implemented advanced safety measures and keep your personal details away from prying eyes. If you want to get more coverage on our data management, visit the section for Privacy Policy.

What is a personal loan?

It’s a credit product that allows you to borrow a large lump sum of money and repay it over a certain period. It typically comes with a fixed interest rate and is supposed to be repaid in fixed installments each month.