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514 Loans: Overview

514 Loans is based in Montreal but offers short term loans to consumers all across the country. They are a quick and affordable alternative to payday loans and offer installment loans up to $3,000. No credit check is needed and one-hour approval is available.

Don’t let urgent bills or important payments fall behind. An installment loan from 514 Loans can help you avoid late fees and penalties by providing you with the funding you need to:

  • Stay up to date on your rent
  • Pay for an unexpected car repair
  • Pay urgent credit card bills
  • Cover the cost of utilities

Services & Products

514 Loans Offered Services

Personal Loan

Loan Range
  • $300 – $3000
Interest Rate
  • 22% – 32%
Terms (Months)
  • 3 – 4
Funding Time
  • 24 hours
Funding Method
  • Direct deposit
Repayment Options
n/a
Eligibility
  • Active chequing account for last 3 months
  • Full-time employment for last 6 months
  • Same address for last 6 months
  • Must be paid by direct deposit
  • No bankruptcy
  • Not wage garnishments
Requirements & Documents
  • 2 photo IDs
  • Proof of address
  • 2 most recent pay stubs
  • Void cheque
  • Last 90 days of statements

Reviews

Reviews & Rating

See what others have to say about 514 Loans

Fantastic customer service. Robin & Emma are very professional and great to deal with. Highly recommend this company.

The services offered are excellent.

Very honest and friendly service.

Have you had any experience with this provider? Let others know!


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