Easy and fast.
What made your experience great?

Eastern Loans is a provider of fast online loans in Canada, offering personal loans ranging from $500 to $750. The company aims to simplify the borrowing process for individuals seeking quick financial assistance by providing an efficient online application system. Customers can expect prompt fund deposits, often within minutes of loan approval, and enjoy flexible repayment options over periods of 3, 6, or 12 months. Targeting individuals in need of immediate cash solutions, Eastern Loans prioritizes a secure and confidential application experience. With a commitment to customer service, the company ensures that applicants receive support throughout the loan process. By leveraging technology, Eastern Loans strives to meet the needs of Canadians looking for reliable and convenient borrowing options.
Eastern Loans receives high praise for its fast and easy loan processes, with many customers highlighting the quick application times and efficient service. Reviewers appreciate the helpful and professional staff, often noting that their customer service goes above and beyond to assist borrowers.
However, some customers express frustration with inconsistencies in service, mentioning that they have faced delays and repeated requests for documentation, which can hinder the loan process. A few negative reviews also point to issues with loan denials based on perceived inaccuracies in income verification, leading to dissatisfaction. Despite these complaints, the overwhelming sentiment remains positive, with many recommending Eastern Loans for its reliable service and quick funding. Overall, Eastern Loans is viewed favorably by the majority of its customers.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 4.6 | 60 | 100% | ● Low |
Monthly average rating from reviews written by people · latest review Jan 2025.
| Month | Average | Reviews |
|---|---|---|
| May 24 | 5.0 | 2 |
| Jun 24 | 4.6 | 13 |
| Jul 24 | 4.8 | 35 |
| Aug 24 | 3.6 | 8 |
| Sep 24 | — | 0 |
| Oct 24 | — | 0 |
| Nov 24 | 5.0 | 1 |
| Dec 24 | — | 0 |
| Jan 25 | 2.0 | 1 |
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
“Quick and simple transaction”
“Eastern loans, I have all the emails you sent to me, so please ,go ahead and try and deny I was a customer”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Loans & Mortgages.
| Company | Overall | Legit | Service | Trend | Reviews |
|---|---|---|---|---|---|
| 4.6 out of 5 (good) | 100 out of 100 | 4.6 out of 5 (good) | −24% | 60 | |
| 4.3 out of 5 (good) | 100 out of 100 | 4.2 out of 5 (good) | +39% | 1,000 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.6 out of 5 (good) | — | 1,000 | |
| 4.2 out of 5 (good) | 100 out of 100 | 4.0 out of 5 (good) | −19% | 618 | |
| 4.7 out of 5 (good) | 100 out of 100 | 4.5 out of 5 (good) | — | 27 |
Bottom line: Eastern Loans is #3 of 5 on overall rating in this group.
60 reviews of Eastern Loans. Filter by what matters to you.
What made your experience great?
Service was very fast and easy to understand what to do when applying and reasonable interest rate.
It was fast, easy, and extremely helpful. I would highly recommend to anyone!
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The best fast and quick
The customer service team is helpful and quick with a reply. The whole process is simple and fast. Overall, no complaint can be made.
Super friendly and super fast
No verbal contact - just email. No Stress.
It helped me greatly when i was in needof fund's to provide for my family.
Help me get through an emergency. Money was in the account fairly fast
Fast effective help
Didn't send a loan agreement that outlined the full costs and then charged a surety fee on a payday loan to get out of the maximum of $15/per $100 lent that the Province regulates they made the repayment only a few days longer than a payday loan is defined as. So the loan basically will cost twice the amount lent to pay back to them, which isn't disosed until documents for the loan were already signed. Also no information on how to cancel the loan within a certain period with no penalty. There lending practices are designed to take advantage of people in my opinion, I believe they have also had fundings against the company on a sister company name of operations buy the minister under the consumer protection act. Buyer beware!
Nothing really
It helps me out, and it was great to be able to get a loan even though I had one payment left an they revised the payment schedule so I can get a new loan
Fast easy to follow instructions
This company has been the best to work with. Very quick!
Second chance loan was really easy and helpful for my personal situation.
Eastern Loans is a provider of fast online loans in Canada, offering personal loans ranging from $500 to $750. The company aims to simplify the borrowing process for individuals seeking quick financial assistance by providing an efficient online application system. Customers can expect prompt fund deposits, often within minutes of loan approval, and enjoy flexible repayment options over periods of 3, 6, or 12 months. Targeting individuals in need of immediate cash solutions, Eastern Loans prioritizes a secure and confidential application experience. With a commitment to customer service, the company ensures that applicants receive support throughout the loan process. By leveraging technology, Eastern Loans strives to meet the needs of Canadians looking for reliable and convenient borrowing options.
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