514 Loans

Reviews, Ratings And Fees

June 2025 · Written By Caitlin Wood

Home \ Loans \ Best Loans

Address

25 Rue Chabanel Ouest #1004
Montreal, Quebec
H2N 2C9

Business Hours

Monday to Friday 9 am - 6 pm

Website

https://514loans.com/

Rated

| Based on 3 customer reviews

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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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