5K funds aim for lower credit score borrowers compared to Monevo. Basically, Monevo provides better rates depending on the lender and your circumstances. Like 5K Funds, Monevo does not charge fees for its services, but you can access unsecured and secured loan products.
However, one key difference between the two services is that while 5K Funds has a poor BBB rating, Monevo is a BBB accredited business. This provides consumers with the reassurance that they can access arbitration services should they encounter a problem.