Eastern Loans – Personal Loan
Eastern Loans offers fast short-term e-Transfer loans of $500 to $1,500 for Canadians with all credit types.
High-cost short-term credit. For short-term use only.
Eastern Loans is a Canadian online lender providing short-term loans from $500 to $1,500, funded by Interac e-Transfer for quick access. It accepts all credit types and bases approval on income and banking activity, serving borrowers who need money fast and may be declined by banks.
The application is fully online with instant bank verification and no paperwork. Repayment is over a short term in scheduled installments. As high-cost credit, an Eastern Loans loan is best used for urgent short-term needs and repaid on time to avoid extra charges.
✓ Pros
- Fast funding
- Bad credit accepted
- Simple process
- Same-day access
✗ Cons
- High cost
- Small maximum
- Short term
- Limited provincial coverage
Loan Example
Borrow $1,000 short-term; confirm full cost and repayment dates first.
Eligibility Requirements
- ✓ Canadian resident, age 18+
- ✓ Steady income
- ✓ Active bank account
- ✓ Valid contact info
Loan Features
- Same-day e-Transfer
- All credit types
- Online application
- No paperwork
Frequently Asked Questions
Same day after submitting your application.
The minimum amount at Eastern Loans is $500 CAD.