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
244 reviews
5 stars
210
4 stars
19
3 stars
4
2 stars1
1 star
10
- THTammy HardieSep 15, 20255.0Monica was awsome experincee
- EEEaston ElsonSep 4, 20254.0Was great fast service Monika was a great help
- TMTanya MasseyAug 19, 20255.0Parneet was an absolute dear!! Very helpful , enthusiastic - very informative...thank you so much!
- CRCiarna RobbinsAug 16, 20255.0Super easy and quick service! They make sure you know all the info about the loan you are going to take out and ask you if you have any questions as well. I would definitely recommend using them especially if you are in a pinch!
- ABA BAug 7, 20255.0The service was quick and easy no problems Thankyou !!
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 electronically funded up to $25,000 to help bridge financial gaps.
How can I apply for a loan with LendDirect?
Applications can be completed online, by phone, or at a branch for quick and easy loan processing.
What documents do I need to apply for a Line of Credit?
You need to be at least 18, have a valid ID, an open bank account in your name, proof of recurring income, and be a Canadian resident.
Can I get a Secured Loan on a vehicle older than 10 years?
Yes, secured loans can be offered for vehicles up to 20 years old and with less than 250,000 kilometres.
How quickly can I get my loan funds?
Funds can be deposited via direct deposit or received as quickly as 15 minutes using Interac e-Transfer®.
Does LendDirect accept customers with less than perfect credit scores?
Yes, LendDirect considers various factors beyond credit score when processing loan applications.
What are the business hours of LendDirect in Abbotsford?
LendDirect is open Monday to Friday from 9:00 AM to 7:00 PM, Saturday from 9:00 AM to 5:00 PM, and closed on Sundays.
Can I make loan payments in person at a LendDirect branch?
Yes, loan payments can be made online or at a branch using a debit card; cash payments are not accepted.
Are there any nearby financial services that can complement LendDirect's offerings?
Yes, Western Union nearby offers financial and currency exchange services, helpful for customers needing money transfer or currency exchange before or after visiting LendDirect.
What local amenities are near LendDirect for customers visiting the Abbotsford branch?
Nearby are Greek Islands Restaurant for dining, Abby Locksmith for locksmith services, and Thrifty Car Rental for travel needs, making it convenient for customers to manage errands around their loan visit.
Are there nearby automotive services near LendDirect useful for customers with vehicle-secured loans?
Yes, nearby options include Broco Glass for auto glass services, Mr. Lube for repairs and oil changes, and Rally Motors Ltd car dealership, assisting customers managing their secured vehicles.