lend direct


What you should know about Lend Direct line of credit, how to apply, rate, etc..

Lend Direct is a financial outfit concerned with providing a line of credit to its borrowers who are considered qualified, it provides personal unsecured loans where you can access funds without cash advance fees.

On approval of your loan request, you’ll receive funds via direct deposit, however, lend money in line with the amount determined by your credit score.

Lend Direct provides a line of credit, in this case, you can borrow repeatedly once approved, provided your account is in good standing.

Should you want to borrow there are physical offices in Southern Ontario, clients from Alberta, Saskatchewan, and British Colombia are also accepted.

On approval of your application, you can fund your account through direct deposit, subject to one business day you’ll have an open-ended line of credit.

On the ground that you need funding as quickly as possible you can reach out during business hours Monday – Friday, on approval you can get funds by e-Transfer within minutes.

You can access up to $15,000, however, the credit limit is based on your creditworthiness.

How Lend Direct line of credit works

1. Application process

You will need to apply online by filling out a form or visiting any of the physical offices around Southern Ontario, your application requires that you provide your proof of income, personal information as well as bank information where your fund will be disbursed.

2. Proof of income

Your income will need to be verified, on this ground you are required to submit requisite documents like the pay stub which serves as proof of income.

3. Verification and decision

In the next step, you’ll need to wait for a loan decision on you, having submitted your application with requisite documentation, you’ll receive a decision from lend credit in line with your creditworthiness.

4. Fund disbursement

Disbursement/money transfer happens on the ground that you have been accepted by Lendcredit, within two hours you can access your fund.

Disbursement may happen through direct deposit or by e-Transfer as much as you preferred.

5. Loan repayment

Having received a line of credit the next step you will need to take is to commence your repayment, your payment should be timely as scheduled.

You will save interest by making regular and timely payments.

Benefits of the line of credit with LendDirect

  • You can access up to $15,000 with the least approval requirement
  • There’s an unlimited cash advance subject to your approved credit limit each time you need money to meet your financial requirements
  • When you have a genuine reason for insufficient funds your payment can be extended
  • Interest is only charged on the amount borrowed, no hidden charges
  • You have a gateway to paying your balances early without being penalized

How to qualify for a line of credit with LendDicredit

The line of credit is not for everyone otherwise the business aim behind this facility will be defeated. You’ll need to meet the certain minimum requirements which include,

  • You should be able to prove that you are a Canadian resident between 18 to 70 years
  • You should be able to prove that you reside in (AB, BC, ON, SK, PE, NL or NT) simply referred to proof of address
  • You should prove that you have been employed for at least 3 months and has a minimum monthly income of $1,500
  • You must have an active bank account with direct deposit enabled

How to apply with LendDirect

You can apply for a line of credit by either visiting any of their physical branches in Southern Ontario or online.

For online application, a decision can be reached and funds disbursed within 60 minutes, while it may take about two hours when you visit a physical branch to complete this request.

Read also: Beginner’s guide to advance America, personal line of credit, title and installment loans, etc..

Application in any of the physical branches will require the below documents

  • Government-issued ID which could be a passport, driver’s license, etc.
  • Proof of income documents like the pay stub
  • Your recent bank statements
  • A VOID cheque or preauthorized debit form

It’s important to understand that you’ll be able to access the best approval chances, interest rates, and credit amounts when your application is completed with a good income.

LendDirect customer service

If you wish to make an inquiry, complain, or need additional information regarding the line of credit with LendDirect.

Phone: 1-855-630-5363,

Email: Customerservice@LendDirect.ca

LendDirect hours

The branches are open Monday – Friday 10 am-7 pm, and Saturday 10am – 5pm.

LendDirect line of credit

A-Line of Credit from LendDirect is a flexible personal loan that provides you with ongoing access to credit with unlimited, and no-fee cash advances to help overcome your financial challenges.

It’s referred to as a Line of Credit in the sense that once you’ve been approved once you can always revert for more cash advances provided your account is in good standing.


The interest rate for LendDirect line of Credit is measured at 19.99% APR, the loan processing time can be as quick as 15 minutes and up to two business days depending on preferred funding method.

Repayment is automatic, the required documents are Government-issued ID and proof of income.

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