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
4.8
375 reviews
5 stars
336
4 stars
26
3 stars5
2 stars1
1 star
7
- THTeshawn HenryNov 5, 20255.0It was a very good breakdown of everything, clearly explained. The service was awesome. mehul thank you
- VMVishnu MuraleedharanOct 28, 20255.0good experience. Samantha was very professional, friendly, and helpful throughout the process. She explained everything clearly and made the experience smooth and stress-free. Highly recommend her assistance!
- SMSalina MaynardOct 1, 20255.0Very helpful and patient
- DWDre W.BradfieldSep 9, 20255.0Very patient and helpful. Super sweet and answered every question efficiently to the best of her abilities! Thank you Sam!
- GBGrace BabelaSep 2, 20255.0Excellent customer service. Credits to Mehul!! For making it so fast. đź’—
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 up to $25,000, designed to help bridge financial gaps with quick and easy application options.
How can I apply for a loan at LendDirect?
You can apply online, by phone, or at a branch to access loans in Canada quickly and easily.
What do I need to apply for a Line of Credit with LendDirect?
Applicants must be at least 18 years old and have a valid ID, an open bank account in their name, proof of recurring income, and be a Canadian resident.
How quickly can I get a lending decision after applying online?
During business hours, you may receive a pre-approval decision almost immediately; final lending decisions are usually within 48 hours, often the same day.
What types of vehicles are acceptable for securing a loan?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, or vans are accepted as collateral for Secured Loans.
Can I get a Secured Loan if I have a less than perfect credit score?
Yes, LendDirect considers multiple factors beyond credit score when processing loan applications and is happy to help customers with various credit scores.
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 is closed on Sundays.
Is there wheelchair access at LendDirect's location?
Yes, LendDirect has a wheelchair-accessible entrance for customer convenience.
What nearby places can I visit before or after visiting LendDirect at 196 Dalhousie St?
Nearby you can visit Orange Swan, a beauty salon; Southern Delights Indian Cuisines for a meal; or Maple Vape Store for e-cigarette supplies.
How can nearby financial services help me when visiting LendDirect?
Nearby financial services like Cash Money and Western Union offer additional options for financial transactions, which could be useful for managing funds alongside your loan from LendDirect.
Are there any nearby amenities that might be helpful for LendDirect customers?
Yes, customers can find convenient amenities nearby such as Bubbles Laundry Co for laundry needs, I.D.A. Hope Pharmacy for health products, and Sobeys Shellard Lane supermarket for groceries.