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
270 reviews
5 stars
240
4 stars
18
3 stars3
2 stars1
1 star
8
- NXNguyen XaNov 14, 20255.0Stephanie was very helpful!
- JAJoe AppiahOct 15, 20255.0Steph store manager super helpful very friendly easy to understand
- MKMahmoud KutsenkoAug 22, 20255.0Stephanie it's very nice bandana very good Help me
- TATim AtkinsonJul 31, 20255.0Friendly and very helpful great customer service
- LDLarry DouglasJul 22, 20255.0Stephanie was quick & amazing with the help she offered today, very kind throughout! Sandra had helped me weeks prior and was helpful and very nice during as well! Highly recommend
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 Loan products with electronically funded loans up to $25,000 to help bridge financial gaps.
How can I apply for a loan with LendDirect?
You can apply for a loan online, by phone, or at a branch location. Visit their website or contact them directly for more information.
What are the requirements to apply for a Line of Credit?
Applicants need to be at least 18 years old, have a valid ID, an open bank account in their name, proof of recurring income, and be Canadian residents.
How quickly can I receive funds after applying?
During business hours, a pre-approval decision may be given almost immediately. Final lending decisions typically occur shortly after document submission, usually within 48 hours or sometimes the same day.
What vehicles can be used to obtain a Secured Loan?
Standard passenger vehicles including hatchback cars, sedans, off-road trucks, SUVs, pick-up trucks, or vans are acceptable collateral.
Are there options to make loan payments in person?
Yes, you can make payments at a branch using your debit card or online using Interac e-Transfer or AutoPay, but cash payments are not accepted.
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.
What nearby places can I visit around LendDirect at 970 Upper James St, Hamilton?
Nearby you can find SmartStyle hair salon, The End Pocket pool hall, and Western Union for additional financial services.
Are there places nearby where I can enjoy food or drinks after visiting LendDirect?
Yes, near LendDirect you can visit Charlie's Chopsticks for Asian cuisine, La Spaghett for Italian food, and Taco Bell for fast food options.
What other services or shops are conveniently located near LendDirect?
Nearby you will find Garden Nails and Spa for beauty services, Mohawk Animal Clinic for pet care, and Hakim Optical for eyewear needs.