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Lender
Rating by Finanso®
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Canada Drives's account

Finanso.Multilogin™

How to register an account

  1. Visit the Canada Drives official website;

  2. Click on the sign-in option;

  3. Specify your email address and create a unique password;

  4. Click the "Sign In" button;

  5. Type in your details like the first and last name, date of birth, etc.

How to reset a password

To change the password, you need to take the following steps:

  1. Log into your account;

  2. Click on the "I forgot my password" button;

  3. Enter the email address you specified while registering the account;

  4. You will receive an email and need to follow the instructions.

How to delete an account

You can delete your account after the full repayment of the loan.

You need to contact Help Centre at 1-888-877-2898 or send an email to a specific address that varies by province (for more information, please, visit the official website of Canada Drives) requesting membership cancelation be done immediately after the request has been confirmed.

Support service

Canada Drives has exceptional customer service. If you need to inquire anything concerning services, you can contact Canada Drives Help Centre with the following methods:

Phone: 1-888-877-2898 (toll free)

Working hours: Mon-Fri 08:00am - 07:00pm, Sat-Sun 08:00am - 05:00pm.

Calculate loan payments in Canada Drives

Canada Drives calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount
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Enter the desired loan amount

CAD
CAD
5000 $
100000 $
Loan term
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Specify the loan term for the calculation

months
days
24
96

What to pay attention to when applying for a loan from Canada Drives

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes Canada Drives from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
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All Canada Drives’s reviews by September 2022
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