Ana’s Line of Credit Experience

Ana is a nurse at a local hospital, earning $55,000 per year. She earns enough money to support her family, but like most of us, struggles with unexpected expenses at times.

Meet Ana:

  • 31 years old

  • Lives in Hamilton, ON

  • Nurse


Bi-Monthly Statement

Approval Amount
(Credit Limit)


Advance Amount


Annual Interest Rate


Estimated Payment
(with Loan Protection)


She understood she was under no obligation to continue with the loan, however still questioned the flexibility of this particular line of credit. Assuming she’d be paying interest on the entire amount of her credit limit, Ana was thrilled when we shared with her she would only pay a fixed rate of interest on the amount she chooses to withdraw – which means her interest will never go up.

After careful consideration and feeling tickled with her decision, Ana signed her loan documents and within an hour she had received her requested amount on her line of credit using Interac e-Transfer®. It wasn’t long before she was enjoying her new water heater and admiring her beautiful new hardwood flooring. Her hot water heater breaking was truly a blessing in disguise. Now Ana has the flooring she’d always wanted and was finally able to splurge on it thanks to LendDirect!

Sound like you? Learn more about how a line of credit works

Ana’s Back on Track

Ana was initially hesitant to take out a line of credit to cover her serious water heater catastrophe. But after applying and receiving her lending decision, she quickly realized it was the right move for her and her home. Now Ana has the beautiful hardwood floors she’s always dreamed of and assurance that if another surprising scenario pops up, LendDirect is there for her.

LendDirect’s line of credit is a quick, short term solution that can cover the costs of many different types of unexpected expenses. Apply for an online line of credit today. You can also apply over the phone or by visiting a branch near you to speak with one of our Financial Service Representatives.

The above information is based solely off of an illustrative example and is not based on a real person or a real scenario.

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