514 Loans Reviews and Ratings

514 Loans

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 Offered

Conditions & Rates


  • Interest rate:
    28% - 36%
  • Amount:
    $300 - $3000
  • Term:
    90 - 120 days

Eligibility & Documents


  • Who is eligible:
    Valid checking account for at least 3 months
    You must have a full-time job for at least 6 months
    You must live at the same address for at least 6 months
    You must not be in bankruptcy status
    Not have any garnishments against your pay
  • What you need to provide:
    Two photo IDs
    Utility bill
    Last two pay stubs
    Personal void check
    Last 90 days of your bank statement

Repayment & Issuance


  • How fast can you get the money
    24 hours
  • Funding method
    Direct deposit Cash funds can be picked up at office
  • How does repayment work

Reviews & Ratings


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