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
236 reviews
5 stars
204
4 stars
21
3 stars1
2 stars1
1 star
9
- JBJ.J. BOct 23, 20255.0Ronnie went above and beyond to take care of my needs. I greatly appreciate his assistance he deserves to be district manager
- BKbenard kennedyAug 9, 20251.0Shocked! This place seems to be permanently closed due to the construction of the new SkyTrain system. I don’t know if they will reopen. 🕺🏼
- EMEduardo MoraAug 5, 20255.0We were beyond happy with Ronnie assistance on the approval of a line of credit for me! Ronnie kindly contacted me and informed me couple a days ago about my line of credit being approved and was very kind at the moment of explaining every detail of the process. It’s always a pleasure to come to this branch and get a delightful experience! Keep doing a great job guys!
- AMAnn MartynovskayaJul 28, 20255.0Thanks Ronnie for the quick and great service!
- LILIEZL IRISHJul 11, 20255.0Quick and excellent service! I got approved for a line of credit. Thank you sir Ronnie for the help.
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 a quick and easy loan application.
What do I need to apply for a Line of Credit with LendDirect?
You must 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 long does it take to get a lending decision if I apply online?
During business hours, pre-approval is almost immediate; final decisions are usually given within 48 hours, often the same day.
Can I get a Secured Loan with a vehicle over 10 years old?
Yes, vehicles up to 20 model years old and with 250,000 km or less are eligible for Secured Loans.
Are payments accepted in person at LendDirect branches?
Yes, you can make payments at a branch using your debit card, but cash payments are not accepted. Online payments via Interac e-Transfer and AutoPay are also available.
Does LendDirect help customers with bad credit?
Yes, LendDirect considers various factors beyond credit score and helps customers with different credit ratings.
What nearby transit options are available to get to LendDirect in Vancouver?
Main Street–Science World station is a nearby train station that provides convenient public transportation access to LendDirect's location.
Are there any nearby financial services close to LendDirect?
Nearby financial services include Cash Money, Vancity Credit Union Br. 1, and Vancity, offering additional banking and loan assistance options.
What nearby places can I visit before or after my appointment at LendDirect?
You can visit nearby spots such as Starbucks for coffee, the Main Street Station Farmers Market for local goods, or Thornton Park for outdoor relaxation.