514 Loans Reviews and Ratings

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

Personal Loan

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

Note:

All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster.

Loans Canada and its partners will never ask you for an upfront deposit, upfront fees or upfront insurance payments on a loan. To protect yourself, read more on this topic by visiting our page on loan scams.