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
304 reviews
5 stars
275
4 stars
22
3 stars2
2 stars0
1 star
5
- JSJosh SomesJul 27, 20255.0Needed some extra cash fast, and christene help me when I needed it most. She was very helpful and fast about it, while being super polite.
- MDMark DouglasJun 10, 20255.0Great staff and they offer more than most !
- PGPauline GrassJan 10, 20194.0All the people who work there are very friendly and easy to speak with.
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 Line of Credit and Secured Loans up to $25,000 to help bridge financial gaps.
How can I apply for a loan with LendDirect?
You can apply 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 at LendDirect?
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 will I get a lending decision if I apply online?
During business hours, applicants may receive a pre-approval decision almost immediately. Final approval takes no longer than 48 hours, often the same day.
What kind of vehicles are acceptable for a Secured Loan?
Standard passenger vehicles such as hatchbacks, sedans, off-road trucks, SUVs, pick-up trucks, or vans are accepted.
Can I get a Secured Loan on a financed or older vehicle?
Loans can be offered on vehicles up to 20 model years old and under 250,000 kms. For financed cars, it's best to contact a LendDirect branch for your specific situation.
Where is LendDirect located and what are their hours?
LendDirect is located at 1248 London Rd, Sarnia, ON N7S 1P5 and 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.
Are there nearby places I can visit before or after getting a loan at LendDirect?
Yes, nearby you can visit Lambton Mall for shopping, Pizza Hut or Ole Country Diner for food, and Starbucks Canada to grab a coffee.
Is there convenient banking nearby LendDirect for transactions or withdrawals?
Nearby banks include TD Bank, TD Wealth Private Investment Advice, and TD Canada Trust Branch and ATM, making it easy to manage your finances after visiting LendDirect.
Can I find other financial services close to LendDirect?
Yes, nearby financial services include Cash Money, Cash 4 You, and various currency exchange services, which could be helpful for your financial needs.