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
288 reviews
5 stars
253
4 stars
13
3 stars
7
2 stars3
1 star
12
- HBHADIJJA BWAMBALEOct 29, 20255.0My experience was awesome and the customer care is amazing. I got approved for LOC in just a few minutes đđ
- TGThat GuyOct 15, 20251.0Google is wrong. Thos place DOES NOT CASH CHEQUES, don't waste your time trying to find parking.
- RLRichard LeOct 6, 20255.0Shaik did a great job, he did more than just helping I got to know about the lien on my car and he helped me with Line of Credit. I really appreciate his support and hardwork.
- JCJohn COct 1, 20255.0Very fast service provided by Shaik. I am happy and thankful for the loan.
- MGMike GOct 1, 20255.0great customer service. Was very helpful and informative about the loan
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 youâre 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 â 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-TransferŸ.
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 EquifaxŸ Canada credit reporting agency so it can help build your credit if used responsibly. One way to help build creditâ  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 amounts up to $25,000 to help bridge financial gaps.
How can I apply for a loan at LendDirect?
You can apply online, by phone, or at a LendDirect branch for quick and easy loan applications.
What are the eligibility requirements to apply for a Line of Credit?
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.
What vehicles are accepted as collateral for a Secured Loan?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, and vans are acceptable.
How quickly will I receive a lending decision if I apply online?
During business hours, a pre-approval decision is almost immediate; final approval after verification is provided usually the same day or within 48 hours.
What payment methods does LendDirect accept?
Payments can be made online via Interac e-Transfer, through AutoPay, or at a branch with your debit card; cash payments are not accepted.
What are LendDirect's business hours?
LendDirect 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 certain holidays.
Is LendDirect accessible for people with disabilities?
Yes, LendDirect has a wheelchair accessible entrance.
Are there other financial services near LendDirect?
Yes, nearby financial services include Cash Money and Western Union, which can be helpful for additional installment loans, currency exchange, or financial transactions before or after visiting LendDirect.
Where can I find nearby places to eat around LendDirect?
There are several nearby dining options such as Steam Teahouse, Thailicious, East Cafe, Miyako Sushi, Pizza Factory, Paradise Coffee, and Tacofino Commissary where you can enjoy a meal or coffee before or after your visit.
What public transit options are near LendDirect to help me get there?
Bus Stop 50947 serves multiple routes (14,16,135,160,N35) nearby, providing convenient public transit access to LendDirect.