Get a loan in 30 min.
No credit check.
lendr approves and deposits your loan in the shortest amount of time comparing to other lenders.
lendr provides an easy and secure experience with latest internet technologies.
Our excellent agents are ready to help you resolve your concerns with a single call, chat or email.
We're always here to help and available via phone or chat
for email.
At lendr, we’re here to help you when you’re in need with a fast and simple process.
Our online loan application undergoes thorough review by our team to confirm your eligibility for the loan you request. This comprehensive analysis includes, but is not limited to, the following criteria:
Confirmation of a steady income, requiring at least three months of continuous employment.
Adequate income to cover the loan repayment within the contract term.
Successful identity verification and document validation, with a minimum age requirement of 18 years.
A fee of $30 will be charged to your remaining balance if a payment is declined due to insufficient funds. Please note that such an incident will not impact your credit score with lendrnow.ca , as we do not report to credit bureaus. If you need to delay a payment, we require notification by phone or email at least 72 hours in advance. A fee of $25 will then be applied to your remaining contract balance. By repaying your loan diligently, we guarantee exceptional service for any subsequent renewals.
The APR for amounts borrowed from the lender is 14.75%, which is lower than that of many other lenders in Canada.
Our collection practices are ethical and adhere to the legal requirements in Canada. If repayment of your personal loan becomes challenging, our collection agents will work with you to reach an agreement that considers your repayment ability. Interest accrues on the unpaid balance if required payments are missed. As a borrower, you are accountable for your loan and all associated legal costs.
Loan renewals are not automatic. You must apply for a new loan, which must be approved by our team.
The standard repayment period for our loans typically ranges from 3 to 5 months, depending on the borrowed amount and payment frequency. Our loans are open-ended, meaning that any total or partial payments exceeding 5% of the principal will reduce the loan term.
For a loan issued at $500, encompassing the principal, membership fees, and interest, the total repayment will be approximately $750.
