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
4.9
262 reviews
5 stars
239
4 stars
17
3 stars1
2 stars1
1 star
4
- TGTina GenickOct 9, 20255.0I had a wonderful experience. Steve and everyone in the store was professional and kind. I highly recommend coming in to their new store. Thank you!
- TSTheresa SevignySep 15, 20255.0Awesome experience,, great to work with,,,
- CBChamille BaduraAug 8, 20255.0Very helpful service with Steve! Thank you very much
- JJjulieJul 9, 20255.0Absolutely amazing customer service and answered all my questions! Steve is a lovely guy and definitely had a good experience!
- AAashley ayresJul 2, 20255.0Very polite and helpful
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 with electronically funded amounts 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 local branch.
What do I need to apply for a Line of Credit at LendDirect?
Applicants need to be at least 18, have a valid ID, an open bank account in their name, proof of recurring income, and must be Canadian residents.
How quickly will I receive a lending decision when applying online?
You may receive a pre-approval decision almost immediately during business hours; final decisions usually come within 48 hours, often the same day.
What types of vehicles are acceptable to secure a loan from LendDirect?
Standard passenger vehicles such as hatchbacks, sedans, SUVs, off-road trucks, pick-up trucks, or vans are accepted.
Can I get a Secured Loan on a vehicle that is over 10 years old?
Yes, vehicles of 20 model years or newer and with up to 250,000 kms are eligible for Secured Loans.
What payment options does LendDirect offer?
Payments can be made online, at a branch with a debit card, or via Interac e-Transfer. Cash payments are not accepted.
What are LendDirect's business hours in Chatham, ON?
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.
Are there any restaurants near LendDirect where I can eat before or after my visit?
Nearby options include Kung Fu Chinese Food, Countryside Chinese Restaurant, Pizza Tonite, Soft Pay Solutions, Subway, Tim Hortons, and Burrito Guyz, all within walking distance.
How can nearby transit stations help me visit LendDirect?
Chatham railway station (Ontario) is close to LendDirect, making it convenient to reach the branch via train if you are coming from other areas.