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
336 reviews
5 stars
286
4 stars
27
3 stars
9
2 stars3
1 star
11
- AMAdithya Mohan4 days ago5.0It was a great experience and midhun really helped me, lot of thanks for him.
- MLMarie Lim-D.Sep 26, 20255.0You guys are like “save it for a rainy day” service :) Thank you.
- NKNick KukainisAug 15, 20255.0Had an excellent experience working with Midhun. The process was smooth, communication was clear, and everything was handled quickly and professionally. Highly recommend to anyone looking for a reliable loan provider!
- SUSamantha UlriksenAug 11, 20255.0Pawan very helpful, professional and efficient. Great experience
- SMsunil morawalaAug 11, 20255.0Mansheetal was very efficient, loan process was very easy
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 electronically funded loans up to $25,000, including Line of Credit and Secured Loans.
How can I apply for a loan at LendDirect?
You can apply online, by phone, or at a LendDirect branch. Visit their website to start your application.
What are the requirements to apply for a Line of Credit?
You need to be at least 18 years old, have valid ID, an open bank account in your name, proof of recurring income, and be a Canadian resident.
How quickly can I receive a lending decision when applying online?
You may receive a pre-approval decision almost immediately during business hours, with final approval typically provided the same day or within 48 hours.
What vehicles qualify for a Secured Loan at LendDirect?
Standard passenger vehicles including hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, or vans are acceptable.
Can I get a Secured Loan if my vehicle is over 10 years old?
Yes, vehicles up to 20 model years old and with less than 250,000 km are eligible for Secured Loans.
Does LendDirect help customers with less than perfect credit scores?
Yes, LendDirect considers various factors beyond credit score and can assist customers with different credit histories.
Are there any nearby pharmacies for convenience when visiting LendDirect?
Yes, I.D.A. - Health Net Pharmacy and Health Net Pharmacy are nearby, which can be convenient to visit before or after your appointment.
What nearby medical services can I access near LendDirect's Edmonton branch?
Nearby medical services include Tawa Physical Therapy & Sports Injury Clinic, Family Medical Clinic, UC Medical Clinic - Mill Woods, and Dental Elements for comprehensive health care needs.
Are there insurance agencies close to LendDirect that could be useful for customers?
Yes, BrokerLink, InsureLine Brokers, and Punjab Insurance Inc are nearby and can assist with insurance needs alongside your loan services at LendDirect.