Quick Funding Method
Interac e-Transfer® allows us to deposit money directly into your bank account in as little as 2 hours.
Loan Protection Coverage
In the event of something unexpected, optional Loan Protection makes sure your payments will still be made.
No Cash Advance Fees
Only pay interest on the amount you choose to withdraw while taking out as many cash advances as you need - with absolutely no withdraw fees.
Wondering How a Line of Credit Works?
The flexibility of a personal line of credit gives you the freedom to use your funds as you need it, when you need it.
Fill out an application either online or at your nearest Toronto LendDirect branch. As long as you have the necessary information handy, it’s a pretty easy form to fill out. You will need a valid ID, income and banking information.
2. Get a Credit Limit
If you're approved you will receive a credit limit. After that, simply choose the amount you would like to withdraw and the money will be sent straight to your chequing account.
3. Make Payments
Payments can be conveniently based around your pay cycle. We always recommend making an extra payment here and there if you can (this will save you money on interest paid).
4. Get More Money
As you make your payments LendDirect's unique personal line of credit allows you to access more money. Simply take out a cash advance up to your credit limit, as often as you like.
A Personal Line of Credit for Personal Use
Do you have old debts and new bills that keep piling up? No matter where your debt came from, a personal line of credit can help you escape debt by consolidating into one payment.
Our homes are an important aspect of everyone's life. A personal line of credit allows you to make additions or upgrades to your home now and pay for it over time. Borrow what you need and then use it when you need it.
Cover that Large Expense
Whether you need a new home appliance, or you need to make a down payment on a new or used vehicle, a line of credit could help you out. That large purchase is up to you, lending you the money is up to us.
Our Online Loan Application Process
1 Create Your Account
2 Provide Personal Information
3 Enter Income Information
4 Sign Loan Documents
5 Verify Your Income
6 That’s It!
Here's What You Need to Start your Application
Valid ID showing you're an Ontario resident 18 years of age or older
An open chequing account in your name
Proof of recurring income
Take Control of Your Finances
Apply for a Personal Line of Credit up to $15,000