Business Details
About
Loan Agency
LendDirect is happy to help with your Line of Credit and Secured Loan needs. We offer electronically funded loans up to $25,000 to help bridge a financial gap. Quick and easy loan application for loans in Canada. Simply apply for money online, by phone, or at a branch. Visit us today!
Details
- Requires appointmentNot available
- Online appointmentsNot available
- Onsite servicesAvailable
- Wheelchair accessible entranceAvailable
Location
Hours
Reviews
4.7
364 reviews
5 stars
315
4 stars
29
3 stars5
2 stars1
1 star
14
- CFCathy FoxNov 15, 20255.0Amazing people got me out as fast as possible. Would recommend this company to every one
- OMosman mursalNov 14, 20255.0Jasdeep helped to to get the LOC and he tried very hard to get car loan but it didn’t go through to the approved amount thank you
- JNJoseph NgugiNov 6, 20255.0Kind hearted people who listen and advice you according to your best interest. Best Service from Gwen and Madison. Say Joseph referred you for best experience.
- MAMOHAMED AOULEDOct 31, 20255.0Jasdeep helped me to get the Auto loan quickly and pleased to get help from him
- BEBritt E.Sep 29, 20255.0Very prompt service. I applied and got a phonecall from Jasdeep quickly, and was able to set up an appointment right away.
Frequently Asked Questions About LendDirect
What is a Line of Credit?
A Line of Credit is a personal loan that can be used for ongoing personal expenses. It gives you access to your money when you need it. Once you’re approved, you will receive your loan credit limit. You have the flexibility to borrow any amount at any time, up to your approved credit limit. No need to reapply to access funds – if you have available credit, you can request additional advances.
What do I need to apply for a Line of Credit?
To apply with LendDirect, you will need to be at least 18 years old and have the following:
A valid ID
An open bank account in your name
Proof of recurring income
Be a Canadian resident
How can I apply?
You can apply online, over the phone or at a branch. To see if LendDirect services your province, visit our loans page.
If I apply online, how long will it take to get a lending decision?
During business hours, applicants may receive a pre-approval decision almost immediately. Should final approval require verification, you will be notified immediately. Once we received your files, you should have your final lending decision shortly, no later than 48 hours, often the same day.
What is a Line of Credit advance?
Simply put, an advance is a convenient Line of Credit feature that allows you to withdraw funds from your personal Line of Credit when you need them. LendDirect offers unlimited advances up to your credit limit, all with no advance fees. You can access advances online, over the phone, or at a branch, if you have available credit.
What vehicles are acceptable to obtain a Secured Loan?
We accept standard passenger vehicles such as hatchback cars, sedans, off-road trucks, SUVs, pick-up trucks, or vans.
How do I get my funds?
You can direct deposit your money to your bank account (funds availability varies by bank) or you could receive your loan in as little as 15 minutes when you choose Interac e-Transfer®.
Can I get a car collateral loan if I have a less than perfect credit score?
We're happy to help Customers with various credit scores. A credit score is just one of many factors we consider when processing loan applications.
Can I get a car equity loan for a vehicle that is over 10 years old?
Yes! Our Secured Loan product can be offered for vehicles of 20 model years or newer and limited to 250,000 kms or less.
Can I get a loan on a financed car?
Please contact a LendDirect branch near you so we can help with your specific situation.
Can a Secured Loan help me build credit?
There are multiple factors that affect your credit score. We report Secured Loan payment history to Equifax® Canada credit reporting agency so it can help build your credit if used responsibly. One way to help build credit† is by making your payments on time.
Is a Secured Loan a good idea?
It can be a good option when you need more funds than an unsecured loan may offer.
Can I have a Secured Loan and a Line of Credit at the same time?
Currently, Customers are not eligible to have these loans at the same time.
Can I make payments in a branch?
You have options, online and at a branch! LendDirect does not accept cash payments, but you can make a payment in a snap with Interac e-Transfer or set up AutoPay in your online account, or pay at a branch with your debit card.
What types of loans does LendDirect offer?
LendDirect offers Lines of Credit and Secured Loans electronically funded up to $25,000 to help bridge financial gaps.
How can I apply for a loan with LendDirect?
You can apply for a loan online, by phone, or at a LendDirect branch.
What are the requirements to apply for a Line of Credit at LendDirect?
Applicants must be at least 18 years old, have a valid ID, an open bank account in their name, proof of recurring income, and be a Canadian resident.
How quickly will I receive a lending decision after applying online?
During business hours, pre-approval decisions are often immediate, with final lending decisions provided shortly, no later than 48 hours, often the same day.
What vehicles qualify for obtaining a Secured Loan at LendDirect?
Standard passenger vehicles including hatchbacks, sedans, off-road trucks, SUVs, pick-ups, or vans of 20 model years or newer and less than 250,000 km are accepted.
Does LendDirect assist customers with less than perfect credit scores?
Yes, LendDirect considers a variety of factors besides credit score and is happy to help customers with different credit backgrounds.
Can I make my loan payments in person at a branch?
Yes, payments can be made online, by Interac e-Transfer, or at a branch using a debit card. However, LendDirect does not accept cash payments.
What are LendDirect's business hours?
LendDirect is open Monday to Friday from 9:00 AM to 7:00 PM and Saturday from 9:00 AM to 5:00 PM. They are closed on Sundays.
What nearby services can assist me with financial or legal advice when visiting LendDirect?
Nearby you can find Hughes & Gibb (accountant), MortgageLine (mortgage broker), Rozmahel & Rozmahel Immigration Consultants (professional and immigration services), and Padgett Business Services (financial services). These can be helpful for managing finances or legal matters.
Are there any nearby medical or counseling services close to LendDirect?
Yes, nearby medical services include Insight Medical Imaging, Dynalife Medical Labs, Medicentres Family Care Clinics, and Brophy Psychology Services offering counseling and mental health support.
What nearby amenities are available if I need automotive services while visiting LendDirect?
Nearby automotive services include Capilano Automotive, Capilano Brake Shop, Goldbar Esso Car Clinic & Car Wash, and Canadian Tire for repairs, tire service, and general automotive needs.