About Lendcare

LendCare began in 2004 as a financial services company in Ontario and Quebec as an owned subsidiary of goeasy Ltd. They have teamed up with various businesses across Canada to provide affordable financing solutions to consumers.

LendCare offers loan terms of up to 5 years with flexible payment plans, allowing customers to find options that suit their needs and budget. Their primary focus is Canadians who can’t get a loan at a traditional bank , so even if you have bad credit, you might still qualify for a loan with LendCare.

Types of loans with Lendcare

LendCare offers a wide variety of financing options, including:

Auto Repair Financing

The program covers most mechanical maintenance and repairs for passenger vehicles and light trucks. This includes services like tires, brakes, engine and transmission repairs, air conditioning, and suspension. However, collision and cosmetic repairs are not included.

Healthcare Financing

LendCare helps finance a variety of elective and cosmetic procedures, including rhinoplasty, weight loss surgery, dental work such as implants and veneers, and vision treatments like Lasik or cataract surgery. For a full list or to check if your specific procedure is eligible, visit their website.

Veterinary Financing

LendCare helps with many routine and emergency veterinary treatments, such as vaccinations, diagnostics, and surgical procedures. To see a complete list or find out if your pet’s treatment qualifies for financing, visit their website.

Lendcare FAQs

How Does the Repayment Process Work with LendCare?

You repay your loan by making scheduled payments over a specific period. Interest is charged daily at a fixed rate. Once you’re approved for a payment plan, the repayment schedule is set according to the loan agreement. You’ll make regular payments that cover both the principal and interest over the agreed-upon time frame.

Is it possible to pay off my loan ahead of schedule?

Absolutely! You can make extra payments whenever you want and pay off your loan early without any prepayment penalties or fees.

What’s the maximum amount I can borrow for Auto Repair Loans?

Lendcare’s Auto Repair loans have a maximum limit of $5,000. However, the amount you’re approved for might be lower, depending on your vehicle’s year, make, model, and mileage. The approved amount is determined automatically and is final.

What is the range for Healthcare loans?

Healthcare loans range from $500 to $15,000, with repayment periods between 12 and 60 months. Interest rates vary from 9.99% to 29.9%, depending on the applicant’s financial situation.

Lendcare Products

Financing Loan

Loan Amount

• $500 to $15,000

Rates & Term Length

• Interest Rate: 9.99% – 29.9% APR
• Payment Schedule: 12-60 months

Service Details

• Loan Processing Time: Varies
• Money Transfer Method: Lendcare pays your bill with the company directly.   
• Repayment Method: Automatic debit

Eligibility

• Over 18 years of age 
• Active bank account
• Must be a Canadian resident 

Required Documentation

• Government-issued ID
• Proof of income