Eastern Loans Reviews and Ratings

Eastern Loans

Unlike other payday loan sources, Eastern Loans allows you to extend your repayment period over 5 months, if necessary. They’ll also give you the option of paying in weekly, bi-weekly, or monthly installments, rather than all in one lump sum. If you’d like, you’ll also be able to make accelerated payments to save money on interest. If you apply before 10:30 am, you should receive the funds in your bank account before the end of the day.

Business Hours

  • Monday 8 am - 9 pm
  • Tuesday and Wednesday 8:00 am - 5:30 pm
  • Thursday 8 am - 9 pm
  • Friday 8 am - 7 pm
  • Saturday and Sunday 10 am - 4 pm

Support Offered

  • Online messaging
  • Blog
  • Email address
  • Online contact form

Services Offered

Conditions & Rates

  • Interest rate:
    28% - 32%
  • Amount:
    $500 - $1,000
  • Term:
    3 -5 months

Eligibility & Documents

  • Who is eligible:
    Canada citizen
    18 years of age or older
    Receive income via direct deposit
    Steady employment for last 3 months
    Monthly income of at least $1,200
    No CPP, private pension, student loan, self-employed, child tax, disability etc.
  • What you need to provide:

Repayment & Issuance

  • How fast can you get the money
    Within 24 hours
  • Funding method
    Direct deposit
  • How does repayment work
    Weekly Bi-weekly Monthly  

Reviews & Ratings

Review this lender

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.