Business Details
About
Loan AgencyCuro Management
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
4.9
479 reviews
5 stars
460
4 stars
13
3 stars1
2 stars0
1 star5
- CLColleen Lapira4 days ago5.0Rebecca Damasco - very friendly, amazing customer service, easy communication and very detailed explanation! Would 100% recommend!
- KMKristina MajorsJan 5, 20265.0LendDirect McPhillips helped me quickly and made things super easy! Being self-employed, I find options are limited and the ladies helped me work out a few game plans to get some things in order. A huge thank you to them both!
- MFMichelle FernandezJan 2, 20265.0Fast transaction and staff are very warm and accommodating especially Ms. Raquel David. Everything was explained clearly. Funds received in minutes!
- VSVipanpreet SinghDec 26, 20255.0Rebecca helped me with application and ended up getting a good amount of loan, I will recommend you guys for sure .
- SESumaya EyaleDec 22, 20254.0This is my first time dealing with Lenddirect, I experienced some technical issues online but the Maria the financial representative at the Mcphilips location was so kind and helpful and I was able to solve my issue right away. I enjoyed my experience with the company and would definitely do it again.
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 to help bridge financial gaps with electronically funded loans up to $25,000.
How can I apply for a loan at LendDirect?
You can apply for a loan online, by phone, or at a LendDirect branch for quick and easy loan approval in Canada.
What do I need to apply for a Line of Credit at LendDirect?
To apply, you must be at least 18 years old, have a valid ID, an open bank account in your name, proof of recurring income, and be a Canadian resident.
What vehicles qualify for a Secured Loan at LendDirect?
Acceptable vehicles include standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pickups, or vans up to 20 model years old and 250,000 kms or less.
How quickly can I receive my loan funds?
Funds can be deposited to your bank account or received within as little as 15 minutes via Interac e-Transfer® depending on your choice.
Can I have both a Secured Loan and a Line of Credit simultaneously?
No, customers are currently not eligible to have both loans at the same time.
What are LendDirect's business hours?
LendDirect is open Monday to Friday from 9:00 AM to 7:00 PM, Saturdays from 9:00 AM to 5:00 PM, and closed on Sundays. Special holiday hours may apply.
Are there banks near LendDirect to help manage my finances?
Yes, TD Bank and TD Canada Trust Branch and ATM are nearby, making it convenient to handle your banking before or after visiting LendDirect.
What nearby shopping options are available around LendDirect?
You can explore nearby locations such as Dollar Tree, Penningtons, Shoe Warehouse, and Northgate Shopping Centre for shopping needs.
Are there fitness or wellness centers near LendDirect?
Yes, nearby options include Weight Watchers, WW Canada, and Snap Fitness for fitness and wellness activities around your loan visits.