Fast Funding.
Fair Rates.
Flexible Terms.

In many cases you do not have to be a citizen, but you do need to legally live and work in the United States and meet our identification and income requirements. That usually means you have a valid government issued ID and a right to work status such as permanent resident or a valid work visa.

In many cases you do not have to be a citizen, but you do need to legally live and work in Canada and meet our identification and income requirements. That usually means you have a valid government issued ID and a right to work status such as permanent resident or a valid work visa.

Many customers receive an initial decision in less than a minute after they submit their online form. Final approval timing depends on how fast we can verify your information and complete any required checks. In many cases, once approved and signed, funds can be sent on the same working day, though some take up to the next day.

Once your loan is approved and you accept the terms, the money is usually sent by electronic bank transfer directly into the bank account you provide in your application. Timing can vary by bank, but many customers see funds the same business day or the next business day after final approval.

Many customers come to The Direct Loans because their credit is not perfect. We look at more than just a score. We also look at your income, expenses, recent history, and the size of the loan you are requesting. Poor credit does not always mean a decline, but it can affect the rate, the amount we can responsibly offer, or the type of product we can provide.

Majority of our loans are unsecured and do not require collateral. Examples include many debt consolidation loans and smaller business working capital loans. Other loans may be secured. For example a home improvement loan may be secured by your property, or an equipment finance loan may be secured by the equipment itself. Whether collateral is needed will depend on the loan type, amount, and your overall profile.

Yes. The Direct Loans focuses on two main areas

• Home loans including renovation and improvement loans
• Business loans including working capital, inventory, and equipment funding

You can send visitors to your Home Loans page or Business Loans page so they can see details for each.

For most products The Direct Loans typically offers amounts starting around 5,000 dollars and going up to 200,000 dollars, subject to status, income, and checks. The exact range can change by product and by state.

We only start with a soft check that does not affect your credit score. If you decide to proceed after seeing your options we may need to complete a full credit check, which can appear on your credit file.

A soft eligibility check usually does not affect your credit score. A full credit application may result in a hard inquiry which can have a small, temporary impact on your score. Paying on time over the life of the loan can have a positive effect on your credit history.

In many cases you can repay your loan early, either in part or in full. If you choose to settle early you only pay interest up to the date we receive your final payment. There are no early settlement fees with us.

If you think you will have trouble making a payment, it is important to contact The Direct Loans as soon as possible. In many cases we can work with you to look at options before you fall behind. If you miss a payment without talking to us, you may be charged late fees, interest may continue to build, and your missed payment may be reported to credit bureaus.

Yes, you can have more than one active loan at the same time, but this depends on your income, existing commitments, and our affordability checks. In many cases it is better to review options to consolidate or adjust an existing loan rather than adding a new one.

Yes. Many business clients are self employed or run small companies. We may look at bank statements, tax returns, or simple financial summaries to understand your income and cash flow.