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


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