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
205 reviews
5 stars
183
4 stars
11
3 stars0
2 stars2
1 star
9
- THTeresa HillisSep 26, 20255.0Thank you, Corey 😀 It was a pleasure. The Woodlawn location in Guelph provided me with excellent service. I highly recommend it
- MSMadison SeeleyAug 26, 20255.0Jask B was super helpful. The process was quick and painless. Thank you Jask
- QZQuinton ZahraAug 26, 20255.0Very helpful and sweet! Explained everything really well
- AMAna mAug 5, 20255.0I had the lovely experience of getting a line of credit from Jask, she is an excellent employee and deserves a huge raise so nice
- SSSWAVEJul 29, 20255.05 star customer service for FARHIN. She was very patient she deserves a raise
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, over the phone, or at a branch. Visit the loans page on their website to see if they service your province.
What are the 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.
How quickly can I receive a lending decision after applying online?
During business hours, pre-approval decisions are available almost immediately, with final approval notified shortly after, generally within 48 hours or the same day.
What vehicles are acceptable for obtaining a Secured Loan?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, and vans are accepted.
Does LendDirect accept applications regardless of credit score?
Yes, LendDirect considers various factors beyond credit score and is happy to assist customers with different credit histories.
Can I get a Secured Loan for a vehicle older than 10 years?
Yes, loans can be offered for vehicles up to 20 model years old and with less than 250,000 km.
Can you make loan payments at a LendDirect branch?
Yes, payments can be made online or at a branch using a debit card. Cash payments are not accepted, but Interac e-Transfer and AutoPay are convenient options.
What nearby places can help me if I need currency exchange or legal services after visiting LendDirect?
Western Union, located nearby, offers financial services including currency exchange and legal services, which can be convenient for your transactions after your visit to LendDirect.
Are there any nearby places where I can grab a coffee or a quick meal near LendDirect?
Yes, Coffee Stiles offers coffee and grocery shopping, and for quick meals, Quiznos and Harvey's restaurants are close by, perfect spots to visit before or after your appointment.
What nearby fitness or recreational options are available near LendDirect?
9Round Fitness, a gym specializing in boxing classes and sports activities, is located nearby, ideal for a workout before or after handling your financial needs at LendDirect.