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Eastern Loans: Overview

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.

Services & Products

Eastern Loans Offered Services

Payday Loan

Loan Range
$500 - $1,000
Interest Rate
28% - 32%
Terms (Months)
3 -5
Funding Time
Within 24 hours
Funding Method
Direct deposit
Repayment Options
Weekly Bi-weekly Monthly  
Eligibility
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.
Requirements & Documents
n/a

Reviews

Reviews & Rating

See what others have to say about Eastern Loans

This is a great company to borrow from. Yes, it’s a little pricey to borrow but they have always come through for me. Just payback on time and y

Common Sense would tell you anywhere you get a loan your gonna pay for it! And it does state in the fine print of the contract the 250$ fee and if you

Fast, friendly and reliable service. The interest is quite high but your approved right away no question ask. Your awesome guys. I get the money right

Company takes out extra money on top of what you signed a contract for. Beware once you pay off your loan they will come after you for a “Buyers

Have you had any experience with this provider? Let others know!


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