7 LendDirect Alternatives for Fast, Flexible Funding

LendDirect is an alternative lender that offers secured loans and lines of credit to borrowers who may not get approved by banks or credit unions. Its loan rates range from 24.99% to 34.99%, and you can receive funding within 15 minutes via Interac e-Transfer once approved.

It’s a legitimate option if you’re looking for an online secured loan or line of credit, but if you’d like to explore alternative loans like LendDirect, check out our list below.

7 loans like LendDirect

• Mogo
• Loans Canada
• LoanConnect
• Nyble
• Cash Money
• Bree
• KOHO

1. Mogo

7.1 Great

Go to site Read review

MogoMini Line of Credit

$300 – $5,000
Loan amount

Up to 34.36%
APR

Open
Term

• Info
• Pros + Cons
• Details

Mogo is a Canadian fintech company that has been in business since 2003. Its MogoMini line of credit is designed for borrowers who want to avoid payday loans but can't get approved for loans with lower interest rates. You can sign up online, get a no-obligation pre-approval in three minutes and then apply for a line of credit with a limit up to $5,000.

• Preapprovals with no impact to credit score
• Potentially cheaper than payday loans

• High interest rates
• Low credit limit of up to $5,000

Loan Amount	$300 – $5,000
APR Range	Up to 34.36%
Loan Term	Open
Serviced Provinces/Territories	BC, AB, SK, MB, ON, NB, NS, NF, PEI, NU, NT
Min. Credit Score	600
Fees	None
Requirements	Canadian resident, age of majority in your province of residence, annual net income of $35,000

2. Loans Canada

8.6 Great

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Loans Canada Personal Loan

$500 – $35,000
Loan amount

9.99% – 35%
APR

6 - 60 months
Term

• Info
• Pros + Cons
• Details

Loans Canada is a loan search platform with a large network of lenders. Instead of applying to multiple lenders individually, you can submit a single application and get matched with borrowing options that fit your credit profile, income and loan needs.

• Get connected to lenders that match your profile
• Fast pre-approvals
• Fast application process
• Accepts bad credit
• Free to use

• Not a direct lender
• Your options are limited to its network

Loan Amount	$500 – $35,000
APR Range	9.99% – 35%
Loan Term	6 - 60 months
Serviced Provinces/Territories	All of Canada
Turnaround Time	Receive funds in as little as 24 hours.
Min. Credit Score	300
Fees	No application, origination or brokerage fees
Requirements	Canadian resident, age of majority in your province of residence

3. LoanConnect

8.8 Great

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LoanConnect Line of Credit

$500 – $60,000
Loan amount

8.99% – 35%
APR

Open
Term

• Info
• Pros + Cons
• Details

LoanConnect is another loan search platform that can help you find a line of credit or secured loan through its network of lenders. You can apply online within minutes and get matched with a suitable lender. LoanConnect works with borrowers with all types of credit.

• Get connected to lenders that match your profile
• Fast preapprovals
• Accepts bad credit

• Not a direct lender
• Your options are limited to its network

Loan Amount	$500 – $60,000
APR Range	8.99% – 35%
Loan Term	Open
Serviced Provinces/Territories	All provinces
Turnaround Time	Receive funds within as little as 24 hours.
Min. Credit Score	300
Fees	No application, origination or brokerage fees
Requirements	Canadian citizen or permanent resident, age of majority in your province of residence, any current debts total less than 60% of your income

4. Nyble

9.3 Excellent

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Nyble Credit Line

$30 – $250
Loan amount

Starting at 0%
APR

31 days, extendable
Term

• Info
• Pros + Cons
• Details

Apply online for an interest-free line of credit of up to $250 to cover small expenses and build your credit. Get funds in 1-3 business days with a free account. For $11.99, get access to premium services, including funding in 1-30 minutes, credit monitoring and identity theft protection.

• Easy application process
• No credit checks
• No interest
• Can improve your credit score
• Roll over your loan

• Loan amount may not be enough for your needs
• $11.99 for fast transfers and other premium perks

Costs	0%
Loan Amount	$30 – $250
Loan Term	31 days, extendable
Credit Check	No
Turnaround Time	1-30 minutes with a paid membership or 1-3 business days with a free membership.
Requirements	You must be 18 years or older and have a minimum monthly income of $1,000.
Serviced Provinces	All provinces and territories
Apple App Store Rating	4.8
Google Play Rating	4.8

5. Cash Money

7.5 Great

Read review

Cash Money Line of Credit

$500 – $15,000
Loan amount

Up to 34.99%
APR

Open
Term

• Info
• Pros + Cons
• Details

Cash Money is an alternative lender that has been in business for decades. You can apply for Cash Money's line of credit if you live in AB, BC, MB, NB, NL, NS, ON and SK, and you can get a fast decision. Cash Money and LendDirect are owned by the same company.

• Fast approvals
• Fast funding

• Not available in all provinces
• High cost of borrowing

Loan Amount	$500 – $15,000
APR Range	Up to 34.99%
Loan Term	Open
Serviced Provinces/Territories	AB, BC, MB, NB, NL, NS, ON and SK
Turnaround Time	Get access to funds anytime once approved
Min. Credit Score	600
Fees	Establishment fees, missed payment fees and default penalty fees may apply.
Requirements	Steady source of income, active bank account, min. 600 credit score

6. Bree

8.8 Great

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Bree Early Pay

$20 – $750
Loan amount

Starting at 0%
APR

Next pay cycle (90 days max)
Term

• Info
• Pros + Cons
• Details

Bree is a Canadian fintech that offers small, short-term advances up to $750 to help cover expenses between paycheques. Unlike LendDirect, Bree charges no interest, requires no credit check and imposes no late fees, but you only have up to 65 days to repay the advance.

• Easy application process
• No credit checks
• No interest
• No late fees
• One-month free trial for new customers

• $2.99 monthly membership fee for instant funding
• Additional fee for every instant transfer
• Loan amount may not be enough for your needs

Costs	0%
Loan Amount	$20 – $750
Loan Term	Next pay cycle (90 days max)
Credit Check	No
Turnaround Time	Receive funds within 5 minutes with express delivery (the fee is based on the advance amount) and within 1 to 3 business days for standard delivery.
Requirements	You must have a bank account with regular income deposits and a Visa or Mastercard debit card with a CVV
Serviced Provinces	All provinces and territories
Apple App Store Rating	4.8
Google Play Rating	4.9

7. KOHO

8.7 Great

Go to site Read review

KOHO Cover

$20 – $250
Loan amount

Starting at 0%
APR

Flexible
Term

• Info
• Pros + Cons
• Details

KOHO is a Canadian fintech offering low-cost accounts with prepaid Mastercard cards. Its KOHO Cover product provides an interest-free cash advance of up to $250 to help cover short-term gaps. Unlike LendDirect, KOHO Cover requires no credit check, charges no interest or late fees and integrates directly with your account for easy spending. To access this feature, you simply need a KOHO account and a monthly subscription starting at $2.

• No late fees
• Zero interest
• No impact to credit score
• Free financial coaching available

• KOHO account required
• Loan amount may not be enough
• $2 monthly subscription fee

Costs	0% + monthly fee from $2
Loan Amount	$20 – $250
Loan Term	Flexible
Credit Check	No
Turnaround Time	Immediately
Requirements	KOHO account—access higher loan amounts over time by using KOHO for everyday spending, repaying your monthly fees and using its other services
Serviced Provinces	All provinces and territories
Apple App Store Rating	4.8
Google Play Rating	4.3

How does LendDirect compare?

You can read our LendDirect review for details, but here are the highlights:

Bad credit installment loans vs line of credit loans like LendDirect

If you have a low credit score and are looking to get a loan online, installment loans are another option. Many installment loans online are easier to get than lines of credit. However, they offer less flexibility with repayments since they require regular fixed payments.

How do I sign up for loans like LendDirect?

Every lender has its own eligibility requirements and application process, but loans like LendDirect typically require the following details:

• Your full name, phone number and address
• Government-issued ID
• Bank account information
• Proof of income paid into your bank account
• Employment details
• Housing status

To sign up, provide your basic information and employment details. Then you’ll verify your income and identity by either going through instant bank verification or by emailing bank statements.

What do LendDirect reviews say?

LendDirect reviews are mixed. Many users praise the fast approvals, quick funding and flexible line of credit structure. However, common complaints focus on high interest rates and occasional customer service issues. Overall, borrowers who repay quickly tend to have a positive experience with LendDirect.

Reviews as of December 10, 2025

Bottom line

LendDirect is an alternative lender that offers lines of credit and secured loans. If LendDirect isn’t an option for you, loans most similar to LendDirect that you can consider include Mogo and Cash Money. All these lenders have higher interest rates than you’d get from a bank or credit union, but more lenient eligibility requirements. If you get a loan, it’s important to avoid overspending and to pay off the balance as soon as possible.

Frequently asked questions about loans like LendDirect

• How do I qualify for a loan with LendDirect?

  To be eligible for a loan from LendDirect, you must be a Canadian resident and have a valid ID, a bank account in your name and proof of recurring income. To get a secured loan, you also need a vehicle that's less than 20 years old and with mileage under 250,000 km.

• What's the difference between a line of credit and a secured loan?

  A line of credit is a flexible, revolving account that lets you borrow up to a set limit and repay at your own pace, with interest charged only on the amount you use.

  A secured loan is a fixed loan backed by collateral, like a car or property, and repaid in regular installments. Interest rates are generally lower because the lender can claim the collateral if you fail to repay.

• How much can I borrow from LendDirect?

  If you're eligible for a loan from LendDirect, you can get a line of credit up to $10,000 or a secured loan up to $25,000.

Written by

Leanne Escobal

Senior Publisher

Leanne Escobal is a senior publisher at Finder with more than 13 years of experience in financial products and services, with a focus on content strategy and marketing. She has completed the Canadian Securities Course (CSC®) as well as the Personal Lending and Mortgages course through the Canadian Securities Institute. Leanne holds a Bachelor of Arts (Honours) in English literature and creative writing from Western University. See full bio

Leanne's expertise

Leanne has written 178 Finder guides across topics including:

• Personal Loans
• Car Loans
• Business Loans
• Short-Term Loans
• International Money Transfers
• Make Money Online

Co-written by

Rebecca Low

Writer

Rebecca Low is a writer for Finder. She has contributed to a range of digital publications, including income.ca, Indeed, and Expatden, writing on topics like personal finance, career development, and travel. See full bio