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514 Loans Reviews, Ratings And Fees 2020

Based on 3
Customer Reviews
25 Rue Chabanel Ouest #1004
Montreal, Quebec
H2N 2C9
  • Monday to Friday 9 am - 6 pm

Who Is 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

Offered Services

scroll table
Loan Range
Rate & Terms
Product Details
Requirements & Documents

Personal Loan

$300 - $3000
Interest Rate
22% - 35%
Term (Months)
3 - 4
Funding Time
24 hours
Funding Method
Direct deposit
Repayment Options
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 garnishments2 photo IDs Proof of address 2 most recent pay stubs Void cheque Last 90 days of statements

Reviews & Ratings

Is 514 Loans legit or a scam? See what others have to say.

The services offered are excellent.

- Leslie Myers (February 24, 2020)

Very honest and friendly service.

- AVI Waybschneider (November 22, 2019)

This is a trusted service provider in Canada.

- Loans Canada (June 11, 2019)

The provider displayed on this page has not endorsed this listing.

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514 Loans Reviews on Loans Canada
Best Personal Loan Provider by Greedy Rates

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