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
4.8
104 reviews
5 stars
89
4 stars
12
3 stars0
2 stars0
1 star
3
- CMChelsea McLeish5 days ago5.0VIREN is absolutely amazing, he went above and beyond and helped me to get a secure loan!
- PJPatricia Johnson6 days ago5.0Great great great customer service. Viren helped me to get approved for a secured loan. 100% recommended.
- GSGeetika SharmaAug 15, 20255.0I was helped by Viren for my line of credit. He explained everything clearly, was very polite, and made the process quick and easy. Excellent customer service!
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 up to $25,000, with quick and easy applications available online, by phone, or at a branch in Canada.
What is a Line of Credit and how does it work?
A Line of Credit is a personal loan that provides flexible access to funds up to your approved credit limit without needing to reapply. You can borrow any amount at any time as long as you have available credit.
What are the eligibility requirements to apply for a Line of Credit with LendDirect?
Applicants must be at least 18 years old, a Canadian resident, have a valid ID, an open bank account in their name, and proof of recurring income.
How can I apply for a loan at LendDirect?
You can apply online, over the phone, or in person at a LendDirect branch. Check their loans page to confirm if services are available in your province.
What vehicles are acceptable for obtaining a Secured Loan?
LendDirect accepts standard passenger vehicles including hatchbacks, sedans, off-road trucks, SUVs, pickup trucks, and vans, as collateral for Secured Loans.
How can I receive my loan funds from LendDirect?
Funds can be deposited directly into your bank account or received via Interac e-Transfer in as little as 15 minutes.
Are there nearby food options if I visit LendDirect at 581 Ryan Rd, Courtenay?
Yes, nearby restaurants include Quiznos, Domino's Pizza, A&W Canada, Triple O's, Manvirro's Indian Grill, Osaka Sushi, and TacoTime, perfect for grabbing a meal before or after your visit.
What automotive services are available near LendDirect's location?
Nearby automotive services include Lube-X Fast Oil Change, Jiffy Lube, Reid's Automotive Services and Repairs, Hartman Auto Supply, Bumper to Bumper, and On the Run EV Charging Station for vehicle maintenance and repairs.
Are there financial service providers near LendDirect for additional needs?
Yes, nearby financial services include Cash Money payday loans, RBC Royal Bank ATM, TD Canada Trust Branch and ATM, Western Union, and Smythe Insolvency Inc. for various financial and credit assistance.
What are LendDirect's business hours?
LendDirect is open Monday through Friday from 9:00 AM to 6:00 PM and closed on Saturdays, Sundays, and statutory holidays.