Eastern Loans Reviews, Ratings And Fees August 2021

Based on 6
Customer Reviews
100 King Street, Suite #5600
Toronto, Ontario
M5X 1C9
  • 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

Who Is 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.


Offered Services

scroll table
Loan Range
Rate & Terms
Product Details
Requirements & Documents

Payday Loan

$500 - $1,000
Interest Rate
28% - 32% 
Term (Months)
3 -5
Funding Time
Within 24 hours
Funding Method
Direct deposit
Repayment Options
Weekly Bi-weekly Monthly  
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. 

Reviews & Ratings

Is Eastern Loans legit or a scam? See what others have to say.

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... read more

- Anna (June 29, 2021)

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... read more

- Nora (March 23, 2021)

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... read more

- Annette (November 3, 2020)

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... read more

- Channy (March 31, 2020)

Takes them ages to process, and they ask for so much information unrelated to a loan it drives you nuts. 30 emails back and forth per day asking about... read more

- Alex (January 28, 2020)

This is a trusted service provider in Canada.

- Loans Canada (June 10, 2019)

The provider displayed on this page has not endorsed this listing.

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Eastern Loans Reviews on Loans Canada
Best Personal Loan Provider by Greedy Rates

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