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
509 reviews
5 stars
439
4 stars
39
3 stars
9
2 stars2
1 star
20
- MMMichael Murphy5 days ago5.0Rukasana was very helpful with this very professional
- LYLinda YurkowskiNov 14, 20255.0Ruki was a great help. She went above and beyond.
- TBTravina BenNov 5, 20255.0Experience was awesome, same day service. Rukasana Dobariya was great
- JBJennifer BuenOct 30, 20255.0Ruki was a very nice and helpful Financial Service Representative đź‘Ťđź‘Ťđź‘Ť thank you for your help very grateful and appreciated.
- CScristy samaylaOct 28, 20255.0Lend direct staff she very accommodating my application.ms. Rupi thank you so much and thank you so much Lend direct that have program like this.
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 Line of Credit and Secured Loans with electronically funded loans up to $25,000.
How can I apply for a loan at LendDirect?
You can apply online, by phone, or at a branch for convenience.
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 can I receive a lending decision after applying online?
During business hours, you may receive a pre-approval decision almost immediately, and final lending decisions are typically made within 48 hours, often the same day.
What vehicles are acceptable for securing a Secured Loan at LendDirect?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pickup trucks, or vans are acceptable.
What are LendDirect's business hours for visiting the branch?
LendDirect is open Monday to Friday from 9 AM to 7 PM, and on Saturday from 9 AM to 5 PM. The branch is closed on Sundays.
Does LendDirect have wheelchair-accessible entrances?
Yes, LendDirect provides wheelchair-accessible entrances for customer convenience.
Can I make payments at the LendDirect branch, and what payment methods are accepted?
You can make payments online or at a branch using a debit card. LendDirect does not accept cash payments but supports Interac e-Transfer and AutoPay options.
What nearby places can I visit before or after my appointment at LendDirect?
You can visit nearby places such as Runway Cafe for coffee and southern cuisine, AMPed Life Co. for beauty and spa services, or Sacred Gifts and Healing Co. for flowers and gifts.
How can nearby financial services like Scotiabank or Western Union complement my visit to LendDirect?
Nearby financial services such as Scotiabank and Western Union can assist with banking needs or money transfers before or after your visit to LendDirect.
Are there any educational institutions near LendDirect for additional learning opportunities?
Yes, CDI College and CDI College - Red Deer are nearby institutions offering vocational, technical, and cosmetology education.