How to apply for Eastern Loans?
Eastern Loans is an alternative for online Canada loans since you can reimburse it in 3, 6, or 12 installments over 3 to 5 months. Check out how to borrow up to $1,000!
Applying for Eastern Loans: less than 5 minutes for approval!
If you need money to cover an unexpected expense like an emergency, you need it fast. So, take a look at how to apply for Eastern Loans.
This online lender features loan amounts of up to $1,000, with lower interest rates than other lenders.
Also, it offers flexible options for payments and flexible terms ranging from 3 to 5 months.
Furthermore, the application takes less than 5 minutes. You can also apply by phone. After approval, you will receive your funds directly deposited into your bank account on the same day.
Before applying, though, take a quick look at the eligibility requirements:
- You must be a Canadian Citizen or a Permanent resident with at least 18 years old;
- You need to have a steady job earning at least $1200 per month;
- Plus, you must have a low ratio of NSF and a low ratio of payday loans;
- And you need a bank account to receive your loan by direct deposit.
Now, learn how to apply for Eastern Loans.
Access the Eastern Loans website and click on Apply Now.
Then, choose the reason you are requesting a loan.
After that, you need to provide your email address and your personal and financial information.
Finally, submit the forms and wait for the approval.
You will be redirected to another website
Apply using the app
Although it doesn’t offer a mobile app, you can apply by phone: 1-855-223-9313.
Eastern Loans vs. Plain Green Loans
Both lenders offer small amounts of money. But, if you are a Canadian citizen or a permanent resident, Eastern features better interest rates.
Otherwise, check out the Plain Green Loans.
|Eastern Loans||Plain Green Loans|
|APR||Approximately 23%||From 210% to 428%|
|Loan Amounts||Up to $1,000||From $500 to $5,000|
|Credit Needed||All credit types are considered||Not disclosed|
|Terms||3, 6, or 12 installments over at least|
three month period (up to 5 months)
|From 10 to 26 months|
|Origination Fee||Not disclosed||None|
|Early Payoff Penalty||Not disclosed||None|
If you are not a Canadian or a permanent resident in Canada, take a look at how to get a Plain Green loan.
About the author / Aline Augusto
Reviewed by / Aline Barbosa
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