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
532 reviews
5 stars
513
4 stars
8
3 stars2
2 stars3
1 star6
- JOJohn OlivierreNov 15, 20255.0Hi, I got a line of credit From LendDirect branch On 748 Guelph Ln. in Burlington I was impressed with the friendliness and professionalism at that location, especially with the agent I dealt with Sulekha. She was extremely polite and knowledgeable, and did a good job so definite kudos to her and the rest of the employees that all seem to be friendly at that location.
- MPMonina Mara PalOct 16, 20255.0Anas help me for loan approval. He is a kind person. He explain everything. I will Give him a very good score
- YPYenelis Savon PuentesOct 16, 20255.0Thank You Anas for giving me the best service. Making my process easy and make me undsrstand how things work, Thank You so much 10/10 on service.
- SSSadia SiddiquiOct 1, 20255.0Thank You ANAS for making my loan application easy and smooth.
- JKJasmine KaurAug 30, 20255.0Excellent experience, Anas who was our customer service rep, was very professional, knowledgeable and diligent as well as very courteous and polite. Top notch service made the process very seamless with no added stress! Very thankful!
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 loans up to $25,000 including Line of Credit and Secured Loans.
How can I apply for a loan with LendDirect?
You can apply for a loan online, by phone, or at a LendDirect branch.
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 long does it take to get a lending decision when applying online?
During business hours, pre-approval can be almost immediate; the final lending decision is usually received within 48 hours, often the same day.
Can I get a Secured Loan on a vehicle older than 10 years?
Yes, Secured Loans can be granted for vehicles up to 20 years old, with mileage limits of 250,000 kms or less.
Does LendDirect help build credit with Secured Loans?
Yes, LendDirect reports Secured Loan payment history to Equifax Canada, which can help build credit if payments are made on time.
What are LendDirect's hours of operation?
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.
Is there wheelchair access available at LendDirect?
Yes, LendDirect has a wheelchair accessible entrance.
What nearby places are there if I want to combine my visit to LendDirect with some shopping or services?
Near LendDirect at 320 Speers Rd, Oakville, you can visit Western Union for money transfers, Panda Hub for car wash services, and Tim Hortons for coffee or snacks.
Are there convenient gas stations near LendDirect in Oakville?
Yes, Circle K, Esso Canada, and Petro-Canada gas stations are nearby, offering convenience if you need to refuel before or after your visit.
Can I find automotive repair services close to LendDirect?
Yes, Mr. Lube and Tires, Youngs' Automotive Ltd, and Moores Tire Centre are nearby for automotive repairs and tire services.