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
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
Customer Experiences
What Customers Are Saying About 514 Loans
S
Shirl T.
Rated 5 out of 5
Fantastic customer service. Robin & Emma are very professional and great to deal with. Highly recommend this company.
L
Leslie Myers
Rated 5 out of 5
The services offered are excellent.
A
AVI Waybschneider
Rated 5 out of 5
Very honest and friendly service.
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