Apply for a personal loan made for you.
A Line of Credit from LendDirect is a flexible personal loan that provides you with ongoing access to credit with unlimited, no-fee advances up to your credit limit.††
Start Your Application
Apply online, by phone, or at a branch. See what you are approved for without impacting your credit score.§
Submit Income Info
Tell us a little about yourself and we’ll get back with you on a lending decision within minutes.
Get Your Money
Once approved, receive your money via Interac e-Transfer® in as little as 15 minutes.+
What is a Line of Credit and How Does It Work?
Easily apply for a Line of Credit up to $10,000! Once approved, there’s no need to reapply every time you need money. Take as much or as little of your available credit as you want when you want. With Interac e-Transfer®, you can get your funds in as little as 15 minutes or deposited directly to your bank account. Plus, you only pay interest on the funds you use.
Use Your Line of Credit Any Way You Choose
Personal Lines of Credit can cover many different expenses! Whether you need to pay for a large purchase, cover unexpected bills, or even make an investment in yourself, a LendDirect Line of Credit could help bridge that financial gap.
Bills and Payments
When grocery bills or monthly payments arrive, you’ll know you can make ends meet with your Line of Credit.
Surprise Expenses
Refrigerator break down? Need to repair the transmission in your car?
No matter what expense you need to take care of, a LendDirect loan may be able to help you finance it.
Plans for More
If you decide to upgrade your technology, join a gym, or make a big purchase, let your Line of Credit help you meet your goals.
Why Choose a Line of Credit from LendDirect?
A Line of Credit with Repayment Terms that Work for You
Whichever way you choose to use your Line of Credit, you can count on repayment terms that work around your needs. You have the option to pay off the loan early to save on interest, so what's not to love? And, did we mention the unlimited, no-fee advances up to your approved credit limit?†† Yep, that's on the benefits list, too.
Pre-Approval without the Commitment
Start an application with LendDirect and find out if you are pre-approved and for how much without impacting your credit score.§
Flexible Payment Options
Choose to pay the minimum amount due on each scheduled due date, or pay an additional amount to help pay off your Line of Credit early and save on interest.
Unlimited Advances
Only apply one time and once approved, have ongoing access to your money up to your credit limit. If you have available credit, you can request as many no-fee advances as you’d like.††
Start Rejoicing
No matter what you need a personal loan for, it’s personal. LendDirect’s Line of Credit could help provide you with the money you need, for what you need, and when you need it, up to your credit limit.
Once approved, take out as many no-fee advances as you'd like, up to your credit limit.†† The loan stays open as long as you need it without a set loan term so you don't have to reapply every time you need an advance.
Optional Loan Protection Plan
Borrow with reassurance when you enroll in the Loan Protection Plan
At LendDirect, we are proud to serve our Customers for the lifetime of their loans. We understand that life gets busy and can easily send unexpected changes our way.
With the optional Loan Protection Plan, your loan could be covered for unexpected changes like involuntary unemployment, injury or sickness, or even some positive lifetime milestones.
‡Must be 18 years of age or older, and under 70 years of age to be eligible. The optional Loan Protection Plan is a Group Policy underwritten by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company, operating under the brand name Securian Canada. See Summary of Coverage and Certificate of Insurance for full coverage details including benefits and exclusions.
How It Works
With LendDirect, you can complete your personal loan application online, by phone, or at a branch. Not only is our loan process easy, but we also offer options to get your money within minutes.
2
Verify Your Income
Provide documentation to verify your income. Employment insurance and disability are accepted.
3
Get a Decision & Sign Documents
Quickly receive a lending decision and sign your loan agreement, once approved.
4
Get Your Money
Use direct deposit to your bank account, or you could get your funds in as little as 15 minutes through Interac e-Transfer®.
5
Make Payments
Set up AutoPay and never worry about missing a payment again. You can still make extra payments to save on interest paid. Or you can make manual payments.
6
Access More Funds
Receive money at any time with additional advances up to your credit limit.††
Line of Credit Frequently Asked
Questions
To apply with LendDirect, you will need to be at least 18 years old and have the following:
- Valid ID
- Steady source of income
- Open chequing account
- Phone number
- Home address
You can apply for up to $10,000. Discover how much you are pre-approved for without affecting your credit score.§ Get pre-approved today!