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
137 reviews
5 stars
106
4 stars
19
3 stars1
2 stars
3
1 star
8
- WTWesley Thomas3 days ago5.0sukh sukh was very helpful and informative on my financial needs. Very easy to work work with.
- SCSean Cromarty6 days ago5.0Sukh very helpful professional
- WAweaked amerSep 13, 20255.0The employees there are nice to talk to.
- SCSukh CheemaJul 31, 20255.0Had a pleasure of getting assistance from sukhjeet, wonderful customer service. Highly recommended
- RFRyan Paolo FloresJul 8, 20255.0They are too friendly like shanti and travis and explain it very well so i understand it clearly so i just give them a thumbs up because they doing great
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 to help bridge financial gaps.
How can I apply for a loan with LendDirect?
You can apply online, by phone, or at a branch for a loan with LendDirect.
What are the requirements to apply for a Line of Credit?
Applicants must be at least 18, have valid ID, an open bank account, proof of recurring income, and be a Canadian resident.
How quickly can I get a lending decision after applying online?
During business hours, a pre-approval decision is almost immediate; final approval typically arrives within 48 hours, often the same day.
What vehicles are accepted for a Secured Loan?
Standard passenger vehicles including hatchback cars, sedans, off-road trucks, SUVs, pick-up trucks, or vans are accepted.
Does LendDirect accept customers with less than perfect credit scores?
Yes, credit score is one of many factors considered, and LendDirect happily assists customers with various credit scores.
Can I get a Secured Loan on a vehicle older than 10 years?
Yes, vehicles up to 20 model years old and with less than 250,000 km are eligible for Secured Loans.
What are LendDirect's hours of operation?
LendDirect is open Monday to Friday from 9 AM to 7 PM, Saturday from 9 AM to 5 AM, and closed on Sunday and holidays such as November 11.
Are there any nearby places I can visit after my loan appointment at LendDirect?
Yes, you can visit nearby spots like Ho Tong Restaurant for Asian cuisine, Sunrise Day Spa and Salon for relaxation, or Artbox Printing for arts and crafts services.
How can nearby services like Island Video and Western Union complement my visit to LendDirect?
Island Video offers event photography services which can be useful for personal or business needs, while Western Union provides additional financial services nearby.
Is there public transportation or car services near LendDirect to help me get there?
Yes, nearby services such as Suburban Lincoln Parts (town car service) and Shell gas station can assist with transportation and fuel needs when visiting LendDirect.