Our Process

get a quote

Complete a 2 minute form to get your potential interest rate range.


Complete our new one-step* online application and receive a formal loan offer, with no impact to your credit score.


Review the offer sent to you in as little as 1 business day of completing your application. Digitally sign the final agreement.


Our commitment is to have your money to you within 1 business day of loan acceptance.

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