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.
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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.
Each source counts by its number of reviews. Only reviews written by people are scored.
Rating, volume, share of the score, six-month trend and fake-review risk for each source
Source
Rating
Reviews
Weight
6-mo
Fake risk
★
Trustpilot
Imported Trustpilot reviews
4.6
60
100%
● Low
4.6 / 5 overall
=
60 reviews across 1 scored source
How fake risk works ⓘ
Reputation trend
Monthly average rating from reviews written by people · latest review Jan 2025.
Last 3 months
3.5▼ 0.1
12-month avg
4.6
All-time
4.6
Category avg
4.3
Monthly averageCategory average
Monthly average rating and review count
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
What people praise & complain about
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
Top praiseof 54 positive reviews
Fast & efficient56%
30 mentions
Easy to use37%
20 mentions
Customer service31%
17 mentions
Helpful support9%
5 mentions
“Quick and simple transaction”
On “Fast & efficient” · Aug 18, 2024
Top complaintsof 6 negative reviews
Customer service33%
2 mentions
Payment issues33%
2 mentions
“Eastern loans, I have all the emails you sent to me, so please ,go ahead and try and deny I was a customer”
On “Customer service” · Aug 24, 2024
How it compares
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Loans & Mortgages.
Overall rating and review count for this company and similar companies
I am a first time borrower and i thought I would not be approved for loan. I got approved and the money hit my account in 3days. I took the loan to S.U.N and made some earnings on it; in all, it went well and i'm grateful. my business is booming again
Anyone can write a CrowdTrust review. People who write reviews have ownership to edit or delete them at any time, and they'll be displayed as long as an account is active.
I have used this company in the past and they are amazing and I had to use them again recently. I needed a loan badly and the process was fast and easy. I paid my loan and reapplied with no problems at all. They deposited the money the same day. I highly recommend this company, when you're in a pinch and need fast cash this is the place to go
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.