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
260 reviews
5 stars
227
4 stars
18
3 stars1
2 stars3
1 star
11
- SKsekou kellehSep 22, 20255.0Param, has excellent customer skills. Very kind and respectful.
- SPSerena PrabphaneSep 5, 20255.0Param was able to help me right before close! She had quick, and friendly service and also explained the process very well. I will definitely be back if needed!
- KEKia EdwardsSep 5, 20255.0Param was very helpful today, quick and efficient service !
- KSkeanu salmonSep 2, 20255.0Went in to cash money today. Param was so patient and nice. She was of great help
- JBJames BrownSep 2, 20252.0Absolute trash, required a quick hundred to get me through till Thursday. Applied on there online, Tuesday morning, here I am no cash…..unreliable. They did say I was eligible for over 400 but only needed a quick hundred.
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 electronically funded Lines of Credit and Secured Loans up to $25,000 to help bridge financial gaps.
How can I apply for a loan at LendDirect?
You can apply for a loan online, by phone, or at a LendDirect branch location.
What are the requirements to apply for a Line of Credit?
Applicants must be at least 18 years old, provide valid ID, have an open bank account in their name, proof of recurring income, and be a Canadian resident.
How quickly can I get a lending decision if I apply online?
During business hours, pre-approval decisions are often almost immediate, with final approval typically within 48 hours, often the same day.
Can I get a car collateral loan with a less than perfect credit score?
Yes, LendDirect considers various factors beyond credit scores when processing loan applications and can assist customers with different credit backgrounds.
What types of vehicles are acceptable for Secured Loans?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pickup trucks, or vans are accepted.
Where is LendDirect located and what are its business hours?
LendDirect is located at 525 Highland Road West, Kitchener, ON, and is open Monday to Friday from 9:00 am to 7:00 pm, and Saturday from 9:00 am to 5:00 pm. It is closed on Sundays.
Can I make loan payments in person at LendDirect?
Yes, payments can be made online or at a branch with your debit card. Cash payments are not accepted; you can also pay via Interac e-Transfer or set up AutoPay online.
What nearby places can I visit before or after my loan visit to LendDirect?
Nearby you can find Mr. Wok for Chinese cuisine, Highland Road Dental Office for dental care, and The Shops at Highland and Westmount for shopping and dining experience.
Are there financial services or currency exchange options near LendDirect?
Yes, Western Union, a financial service and currency exchange provider, is located nearby to assist with related needs.
Where can I find appliance stores near LendDirect to purchase household items?
Appliance Genie and Easyhome are nearby appliance and furniture stores where you can shop for household items.