5 Minute Loan Application Personal Loans Review

#16 in Personal Loans

5 Minute Loan Application is a loan matching service that connects personal loan borrowers with hundreds of lenders nationwide. Its simple online application can be filled out in a matter of minutes. After submitting their application, lenders instantly receive loan offers giving them the option of choosing the best rates available.

Category

Loan matching service

Loan Details

Unsecured personal loans

Yes

Minimum loan amount

$500

Maximum loan amount

$10,000

Minimum loan period

12 months

Maximum loan period

36 months

Loan rates

6% to 36%

Direct deposit

Yes

 

Application

Online application time

A few minutes

Response times

A few minutes

Qualifications

18 years of age

US citizen or permanent resident

Active bank/ checking account

Information Used

Credit score

Income

Employment history

 

5 Minute Loan Application Summary

5 Minute Loan Application makes getting a personal loan quick and easy. With a $10,000 maximum loan limit, 5 Minute Loan Application offers one of the biggest personal loan amounts compared to similar loan matching services. It offers flexible payment plans and loan terms of up to 36 months, giving lenders ample time to plan their repayment schedule. 24/7 loan application availability ensures that qualified borrowers can get their loans as quickly as the next business day.

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