Avg. Rating: 5.0 (2 reviews)

LendDirect personal loans cover many uses. Whether you need to pay for a large purchase, cover unexpected expenses, or consolidate your debt, a LendDirect personal loan may be able to help you achieve your goal.

  • LOANS OFFERED: Line of Credit
Visit site and apply
Call Center: Mon-Fri: 8:00am to 11:00pm (EST)
Sat-Sun: 9:00am to 5:00pm (EST)
Support Offered:
  • Help Center/Blog
  • Email Support
Availability: Ontario, Alberta, BC, Saskatchewan

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate 46.93% Amount $100 – $15,000 Term Open Ended Line of Credit

Eligibility & Documents

Who is eligible

  • Canadian residents over 18
  • Minimum income of $1,500 per month (not government assistance income)
  • Must have a chequing bank account
  • Must be employed for at least 3 months

What you need to provide

  • Proof of income / pay stubs
  • Government ID

Repayment & Issuance

How fast can you get the money Within 24 hours Funding method Direct deposit How does repayment work Regular payments from bank on scheduled income dates

Frequently Asked Questions About LendDirect

What is LendDirect?

LendDirect personal loans cover many uses. Whether you need to pay for a large purchase, cover unexpected expenses, or consolidate your debt, a LendDirect personal loan may be able to help you achieve your goal. LendDirect was founded on creating better Canada personal loan options.

Is LendDirect Safe?

LendDirect had a dream to bring Canadians dependable personal loans without the staunchness of a traditional brick and mortar. They offer personal loans with a personal touch because money is, well, personal. LendDirect may look and feel similar to a bank but what separates them is their dynamic flexibility on who they can approve with lending criteria that is much easier to meet, making LendDirect a great alternative when banks aren't an option. They also have a 4.8 TrustScore on Trustpilot based off of nearly 900 reviews and 12 branch locations across Canada.

What Products and Services Does LendDirect Offer?

LendDirect offers a line of credit that they relate to working similar to a credit card versus a traditional instalment loan.

How Much Can I Borrow from LendDirect?

You can receive anywhere from $100 to $15,000 through a LendDirect line of credit.

What Is the Interest Rate on a LendDirect Loan?

A line of credit from LendDirect has an interest range between 19.99% - 46.93%, depending on the province you live in and your credit score.

What Is the Term Length for a LendDirect Loan?

A LendDirect line of credit is open ended.

How to Qualify for a LendDirect Loan?

To qualify for a LendDirect line of credit, you have to be a Canadian resident over 18 years old, earn a minimum income of $1,500 per month, have a chequing account, have to have been employed for at least 3 months and provide proof of income and government identification.

Can I Apply Online for a LendDirect Loan?

You can apply for a LendDirect loan application 100% online, or by visiting a LendDirect branch. When applying, you will need to provide personal, income & bank account information.

How Fast Can I Get a Loan from LendDirect?

If approved for a LendDirect loan then you can have your money direct deposited into your chequing account, or select to receive funds via Interac e-Transfer® to get your money in 2 hours or less. On average, most loans are received within 24 hours.

How Will LendDirect Send Me the Loan?

LendDirect will direct deposit approved applicants funds into their bank account by direct deposit and/or via Interac e-Transfer®.

How Does Loan Repayment Work at LendDirect?

You can pay back your LendDirect line of credit by making regular payments over time through direct deposit, with the option to pay more than the minimum amount due to save on interest paid.

Which Provinces Is LendDirect Available in?

LendDirect is available in Ontario, Alberta, British Columbia and Saskatchewan.

What Kind of Customer Support Does LendDirect Offer?

LendDirect can be contacted through their help centre online, blog that offers multiple question and answers, email support where you can fill out a contact form and their call centre.

What are LendDirect Working Hours?

While you can apply for a loan anytime online, the LendDirect call centre answers calls from Monday to Friday during 8AM - 9PM ET and Saturday and Sunday from 9AM - 5PM ET.

LendDirect Reviews

Avg. Rating: 5.0 (2 reviews)
Excellent Service

The location I visited was very helpful and professional. They helped me in an emergency situation quickly, which is what I needed. Thank you LendDirect!

Approved line of credit

I took advantage of Lend Direct's line of credit product. The lady that walked me through the application process was very nice and helpful. Happy with the rates and terms that I got.


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