Our Process


Complete a 2 minute application.

Credit Rating

We leverage online data and technology to instantly assess risk, determine a credit rating and assign an appropriate interest rate.

Evaluate Offers

Qualified applicants can evaluate loan options with no impact to their credit score.


Get your money. Our commitment is to have your money to you within 24 business hours from loan approval.

The APR explained

The Annual Percentage Rate (APR) is the ‘all-in’ yearly fee that our customers pay to borrow money from Lendful Financial Inc. It is there to help you work out what your total yearly out-of-pocket cost is. The APR includes our Origination Fee and the Interest Rate.

Insufficient funds fee

In the event we debit your account for your monthly principal and interest repayments and there are insufficient funds there, we will charge a $50 for NSF (Non-Sufficient Funds).

How to ensure we will consider your application

  • Credit score of 600 (650 in QC or AB)
  • Meet our loan servicing requirements
  • 19+ years of age (18+ for Quebec)
  • Permanent Canadian resident
  • Credit history of 3 year