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
386 reviews
5 stars
340
4 stars
31
3 stars5
2 stars1
1 star
9
- CRCelyne RockSep 5, 20254.0Quick and efficient
- BPBuNNary PhallaJul 4, 20255.0Camara was amazing Sweet Lady. I Recommend going to Cash Money! Awesome Team
- SWSuraj WagleJun 19, 20255.0Very cooperative and easy process.
- MBmitchell baillieJun 4, 20255.0Cheyenne was great, whole thing took 10 minutes very helpful
- JGJonathan GrazetteJun 2, 20255.0A very beautiful soul great job
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 to help bridge financial gaps.
How can I apply for a loan at LendDirect?
You can apply online, over the phone, or at a branch. Visit the loans page on their website for more details.
What are the requirements to apply for a Line of Credit at LendDirect?
Applicants need to be at least 18, have 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, pre-approval decisions are usually given almost immediately, with final approval typically within 48 hours.
What kinds of vehicles are acceptable for obtaining a Secured Loan?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, or vans are accepted.
Does LendDirect accept customers with less than perfect credit scores for car collateral loans?
Yes, LendDirect considers various factors including credit scores and is happy to help customers with varying credit backgrounds.
What payment options are available for loan repayments at LendDirect?
Payments can be made online via Interac e-Transfer, set up with AutoPay, or at a branch using a debit card. Cash payments are not accepted.
Is there wheelchair accessible entrance at LendDirect's location?
Yes, LendDirect has a wheelchair accessible entrance for customer convenience.
What nearby places can customers visit when coming to LendDirect at 1135 Adelaide Street North?
Nearby places include London Therapy Collective for mental health counseling, Savanna Dental Group for dental care, and Hasty Market for grocery and convenience shopping.
Are there financial service providers near LendDirect for additional assistance?
Yes, Cash Money, a financial service and installment loans provider also operates nearby, which might be useful for customers exploring their options.
How can nearby health services complement a visit to LendDirect?
Customers can access nearby health professionals like Downtown Clinic Physiotherapy, Adelaide North Chiropractic Centre, and London Medical Pharmacy to address health needs before or after visiting LendDirect.