$5,000 Personal Loan
Smart solutions to cover expenses or consolidate debt
- 24/7 online application
- Great rates starting at 16%*
- Instant approval decision
- Same-day funding
Personal installment loans from 1F Cash Advance provide quick relief if you need money for major expenses and big purchases. These loans are perfect for home improvements, high medical bills, debt consolidation, and other costs that are much easier to cover in fixed monthly payments. Apply for our personal loans online, get an approval decision in minutes, and receive up to $5,000 from a direct lender today.
Here’s What You Get with 1F Cash Advance
Here's what you can count on when getting a loan with 1F Cash Advance:
Fair Rates
We offer one of the best rates on $5,000 loans designed for all credit backgrounds, allowing you to save money on interest. Our APRs start as low as 16%*.
Fast Funding
The decision on your loan is made in a matter of minutes, allowing you to get the money you need on the same day of approval.
24/7 Application
We know that emergencies can arise at any moment. With us, you can request a loan online around the clock and get back to your day with money in your bank account.
No Hidden Fees
Our transparent and upfront loan terms provide a clear picture of what and when you need to pay, with no unforeseen costs down the road.
Turn $5,000 into Your Next Big Step
Our personal loan can help you get $5,000 for a wide range of life projects:
- Home improvement project
- Debt consolidation
- Wedding costs
- Moving to a new place
- Medical or vet expenses
- Unforeseen bills
- Other emergencies
$5,000 Loan Application Process
Complete the entire loan process in just three simple steps:
Fill out an online form
Provide your basic information to get started. The application usually takes 5 minutes.
Apply NowWait for approval
The underwriting process is quick, since no hard credit check is performed. A loan decision will arrive via email almost instantly.
Get the fund
If approved, the loan will be funded into your bank account on the same or next business day.**
**No approval is guaranteed. A soft credit check will be made to estimate your repayment capabilities and the overall loan eligibility. Approvals before 10:30 am on a banking day are usually funded on the same day. Applications submitted later, on weekends, or on holidays are processed on the next business day.
Application Checklist
We ask for a few items to verify your personal information and income:
- Full name, date of birth
- Social Security number
- Email and cell phone number
- Valid government-issued photo ID
- Proof of income
- Proof of address
- Active bank account number
Estimate Your Monthly Payment
Your monthly payment amount depends on the APR and the repayment period. If you borrow $5,000 for 12 months at an APR of 17.85%*, you will pay $458.04 a month. Use our simple loan calculator and get personalized estimates based on the terms offered.
How to Choose the Right Personal Loan
Each personal loan has its own terms that may vary widely. Here are factors to consider when choosing a suitable borrowing option.
APR
Your loan APR reflects the real cost of borrowing over a year, including interest and fees. Aim for the lowest APR possible to minimize overpayment.
Repayment Flexibility
Make sure a personal loan comes with a convenient repayment period that balances affordable monthly payments and a reasonable total cost.
Extra Fees
Pay attention to additional charges that may apply under certain conditions and are not included in your APR. Late fees and prepayment penalties are just a few examples to watch for.
Lender’s Reputation
Only deal with reputable and legitimate lenders to protect yourself from scams. Read customer reviews and check out the company’s website before applying.
Key Criteria Lenders Review
Lenders typically look at the specific parameters to determine your loan eligibility. These criteria include:
- Income: Lenders want to see you can comfortably repay the loan plus interest. Therefore, they assess your income amount and stability.
- Debt-to-income ratio: This parameter shows how much of your monthly earnings goes toward existing debts to ensure you can afford a new loan.
- Payment history: A stable history of on-time payments increases your approval chances by showing lenders you know how to manage your debts effectively.
- Creditworthiness: Even if a lender doesn’t rely on your FICO rating when making a loan decision, it uses it to determine your particular loan terms, including interest rate.
Why 1F Cash Advance?
1F Cash Advance is a company that puts your needs over your credit standing. We offer fast and affordable personal loans for people with bad credit and provide instant approval and same-day funding options to ensure you can handle your emergencies quickly. Here’s why people choose us:
No Traditional Credit Check
Our underwriting process only involves a soft credit check via alternative means. This allows us to process your application quickly with no impact on your credit score.
Transparent Terms
We disclose all the loan details upfront so that you can fully understand what you’re going into and make an informed borrowing decision.
No Collateral
The loans we offer are unsecured and require no repayment guarantee. You don’t risk losing your property when borrowing money with us.
FAQ
What is a personal loan?
A personal loan is a borrowing option that provides you with an upfront amount that you then repay in fixed monthly installments. Personal loans are usually unsecured and have no specific purpose, meaning that you can use them for a wide range of needs.
Should I get a personal loan or a credit card?
Personal loans work best for events or expenses that require a one-time payment. Credit cards can be a better option for ongoing needs or projects with unpredictable final costs.
Can I use a personal loan for credit card payments?
Our personal loans have no restrictions on what you can use the money for. You can consolidate your high-interest credit cards and potentially save money on interest or get out of debt faster. Just ensure your personal loan makes repayment easier, offers a lower monthly payment, or comes with a lower rate than that on your current credit cards.
How fast will I get my personal loan funds?
You could receive your funds as soon as the next business day after approval. Same-day funding might be possible for loans originated before 10:30 am on weekdays.
What credit score do I need to qualify for a $5,000 loan?
We offer $5,000 loan options with no credit check and accept borrowers with any FICO ratings as long as they can prove their ability to repay. When it comes to traditional banks, you typically need a credit score of at least 680 to qualify for a loan.
Are there any fees associated with a personal loan?
Besides an interest rate, an origination fee for processing your loan request may apply in some states. If you miss a payment, a late fee may also apply. Check out the terms of your loan agreement for more details.
I was denied a personal loan. What are my options?
If your application was rejected, consider requesting a lower amount or applying for a secured or joint loan. Alternatively, you can borrow money from your family or friends or apply for local assistance programs.
*As of September 9, 2025, the fixed Annual Percentage Rate (APR) ranged from 16.00% APR to 299.00%. The APR varies based on credit score, loan amount, purpose of borrowing, repayment term, and automatic payment selection.