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
4.5
169 reviews
5 stars
128
4 stars
26
3 stars
3
2 stars1
1 star
11
- MBMike BobbyOct 24, 20254.0These guys are amazing! Such professionalism, and just all around amazing customer service. The empathy they show, and make you feel like just not another number is outstanding. The only thing I could recommend, is to have the option for cash.
- BKBlair KitchenJul 18, 20255.0I hadn't taken a pay day loan in 26 yrs and needed one this month desperately. Thank you Brittney for making this experience easygoing , and professional, you were super knowledgeable and very understanding. Beautiful soul inside and out and felt the need to recognize you and your hardwork. I DONT know your full name but im almost positive it was Brittney. I wish good things for you and yours.
- CCCody CunninghamMar 25, 20235.0Great experience and friendly staff!
- MMMrEgrassDec 24, 20201.0I tried to get a loan or a line of credit when I was between jobs waiting for my first cheque while my ei claim was under review. Basicly I had no other options. Cash money told me because I'm not currently employed with the company I got my last cheque from I could not use that because my ei claim was under review I couldn't use that so they essentially told me to kick rocks. Don't use cash money it's not worth it they don't deserve to be in business. Go to money mart if you need to.
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 services does LendDirect offer?
LendDirect offers electronically funded Line of Credit and Secured Loans up to $25,000 to help bridge financial gaps, with quick and easy applications online, by phone, or at a branch.
How can I apply for a loan at LendDirect?
You can apply online, over the phone, or at a branch. Visit their loans page to see if LendDirect services your province.
What do I need to apply for a Line of Credit?
To apply, you must be at least 18 years old with a valid ID, an open bank account in your name, proof of recurring income, and be a Canadian resident.
How quickly will I receive a lending decision when applying online?
During business hours, a pre-approval decision is usually almost immediate. Final approval comes shortly after verification, no later than 48 hours, often the same day.
What types of vehicles qualify for a Secured Loan?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, or vans are acceptable for Secured Loans.
Can I get a car collateral loan with a less than perfect credit score?
Yes, LendDirect considers multiple factors beyond credit score when processing loan applications and is happy to assist customers with various credit histories.
Is it possible to have both a Secured Loan and a Line of Credit simultaneously?
Currently, customers are not eligible to have both a Secured Loan and a Line of Credit at the same time.
What are the branch hours for LendDirect in Nanaimo, BC?
The branch is open Monday to Friday from 9:00 AM to 7:00 PM and Saturdays from 9:00 AM to 5:00 PM. It is closed on Sundays and on holidays like November 11, 2025.
Which nearby places can help me when visiting LendDirect in Nanaimo?
Nearby places such as Canco Petroleum and Esso Canada offer gas and convenience stores, making them good stops before or after visiting LendDirect at 101-1050 Terminal Ave N.
Are there financial service locations near LendDirect for additional support?
Yes, Western Union, Cash Money, Fairstone, and Money Mart are nearby financial services that customers may find helpful when visiting the LendDirect branch.