Lendful offers open, unsecured personal term loans in Canada.
Products Offered
$5,000 - $35,000
Starting at 9.9% (Good Credit Only)
6-60 months
Personal Installment Loans
Conditions & Rates
Interest rate:
- APR starting at 9.9% (Must have good credit)
Amount:
- $5,000 – $35,000 (per household)
Term:
- 6-60 months
Eligibility & Documents
Who is eligible?
- Canadian resident over 18
- Minimum income $50,000 per year
- Max TDS 55% (50% in Alberta and Quebec)
- Minimum FICO 650
What you need to provide:
- Government ID
- Proof of Income
- Void Cheque
- Bank Statements
Repayment
How fast can you get the money:
- Within 24 hours after approval
Funding method:
- EFT
How does repayment work:
Weekly, Bi-Weekly, or Monthly automatic payments from your bank account
Contact information
Frequently Asked Questions About Lendful
What is Lendful?
What does Lendful offer?
Lendful offers 6-month to 5-year principal and interest loans.
What kind of loans does Lendful offer?
Lendful offers personal installment loans
What is the term length on a Lendful loan?
Lendful offers 6 to 60 month term loans with the option to pay back at any time.
How much can I borrow from Lendful?
You can borrow anywhere from $5,000 to $35,000 per household from Lendful.
When will I get my loan funds?
Once fully approved, funds will be dispersed within 24 hours.
What does Lendful do?
Lendful gives Canadians an alternative to outdated borrowing systems that are complicated and expensive. They offer customers the means and the time to build their lives.
Is Lendful safe?
Lendful was acquired by Peoples Trust in 2018. Peoples Trust was established in 1985. They have helped hundreds of thousands of customers in their various business lines through Peoples Group of companies.
What's the interest rate on a Lendful loan?
The interest rate on a Lendful loan start at 9.9%.
How long does it take to fill out a loan application?
You can receive a pre-approved conditional quote within minutes by clicking Apply Now and filling out the Lendful loan calculator. Once conditionally approved, you will have the option to apply for a formal quote and approval.
When will I find out if I'm approved for a loan?
Qualified applicants can receive a conditional quote within minutes through the Lendful loan calculator. Final approval, with the formal rate offer, will be provided within 24-48 hours after completing the loan application.
Lendful Reviews
Avg. Rating: 5.0 (2 reviews)
April 10, 2018
“My friend told me about Lendful when I needed a bit of extra cash to pay for car repairs. They were able to help the next day. Thanks Lendful! ”
November 11, 2018
“Lendful is a great company......The loan process is made easy and done electronically, No STRESS :-)......Many thanks to Vanessa at Lendful for being there for me to answer all my questions....She is truly the best! I would recommend them to everyone! Way to go Len...”