Coast Capital Digital Lending FAQs

Coast Capital Digital Lending is Coast Capital’s online platform that allows applicants to apply for a loan or line of credit online, without ever having to step in to a branch.

To use Coast Capital Digital Lending, at this time you must be a resident of British Columbia, Alberta, Saskatchewan, Manitoba or Ontario and be the age of majority in your province.

You can use Coast Capital Digital Lending to apply for unsecured personal loans as well as unsecured personal lines of credit starting at $5,000. We offer terms of 12 to 60 months for personal loans. Lines of credit have no defined paymnet term, meaning you don't have to pay it back in full by a certain date (aside from any monthly interest payments). 

Looking for something under $5,000 or borrowing for a business? Email us and a Coast Capital team member will get back to you through your preferred contact method.

A line of credit is similar to a credit card limit, but instead of a separate account and card, it’s attached to a chequing account. You access the funds when you need it, and pay interest only on what you use. Any amount you repay is accessible to you again without having to reapply.

A personal loan is a specific amount borrowed with a defined repayment term. Loans have scheduled repayment dates and amounts that can be monthly, biweekly or weekly. The balance of the loan decreases with each payment.

Yes, you can add a co-borrower when completing your online application. Once you’ve submitted your application, the co-borrower will receive an email invitation to complete their Coast Capital Digital Lending profile and continue the application. Each co-borrower added to the application will need their own email address in order to complete their application online.

By creating a profile, we’re able to associate your loan application to you. It allows you to complete your application online, receive real-time status updates, upload verification documents via your computer, tablet, or mobile device, and digitally sign your lending documents.

Note: Your Coast Capital Digital Lending login credentials are different from the ones you use for Coast Online® Banking.

If you were added as a co-borrower to a lending application and haven’t used Coast Capital Digital Lending before, the next step is to create a password. To do so, simply click Create Password from the Coast Capital Digital Lending page or visit this page . After entering your email address, an email will be sent to you so you can set your password.

Note: Your Coast Capital Digital Lending login credentials are different from the ones you use for Coast Online® Banking.

For your security, your profile will be locked after three unsuccessful login attempts. If your profile has been locked, please call us at 1.888.517.7000 during business hours and we’ll help get you back in.

You should have a few things handy before you start your application:

We will also be asking for your consent to pull your credit bureau report.

Later in the application process, you’ll be asked to verify your income and assets. We’ve put together a checklist to help you gather the required information.

Checking your credit history is a necessary step when processing your application for a loan or line or credit. We use this information to identify the best lending product for you and get your loan processed more quickly. When you submit your Coast Capital Digital Lending application, it will have a minor effect on your credit score.

To learn more about how this type of check impacts your credit score, visit the Equifax website.

Coast Capital Digital Lending allows you to start your application on your own time without having to meet with us in person. Once the application is submitted, we’ll contact you through the preferred contact method provided to finalize the details of your application.

Of course! Contact us and we can help answer any questions you may have.

The application can take as little as 10 – 15 minutes.  One of our Lending Specialists will contact you as soon as possible. We’re currently experiencing longer than expected response times and appreciate your patience.  If you would like to discuss your application, please contact us during business hours.

There are a few reasons this could happen. If you have any questions about why you may have been declined, email us and a Coast Capital team member will get back to you through your preferred contact method. Our team of experts can review your finances and offer personalized, actionable advice to ensure you’re on track to meeting your goals.

By default, all loan payments can be debited from your Coast Capital account or account with any other Canadian financial institution on a monthly basis. If you prefer a different schedule, email us and a Coast Capital team member will get back to you through your preferred contact method