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Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Eastern Loans's account


How to register an account

  1. Go to the Eastern Loans official website and click the «Apply now», «Get started» orange button.

  2. Choose the loan's purpose.

  3. Fill out personal information.

  4. Fill out residential info.

  5. Give extensive employment info. Including employer name, hiring date, supervisor, or HR contacts.

  6. Carefully fill in the financial information: annual salary, pay interval, next-day deposit, bank name, and bank account details.

  7. Give references: name, phone, and relationship.

  8. Tick that you agree with the terms and conditions.

  9. Sign the agreement.

You have registered a personal profile. The decision will be made within 24 hours.

If you get approval before 10.30 am cash will be deposited till the end of the day.

How to reset a password

To get all the information email or call toll-free phone at 1-855-223-9313 customer service.

Also, you may address your questions to an agent in the Live chat at the lender's website.

How to delete an account

To get all the information email or call toll-free phone at 1-855-223-9313 customer service.

Also, you may address your questions to an agent in the Live chat at the lender's website.


How does Eastern Loans work?

Eastern Loans offers online payday loans and by phone. It takes about 5 minutes to fill in an application.

Then you should send the required documents. The decision will be made in 24 hours, and cash will be paid out directly to the bank deposit.

The services are provided on the Internet. The request and approval can be done online.

Online you could apply 24/7, even if it's not during operating hours. If you fill out the form and send the needed documents your loan application will be in the process the next business day.

How do I contact Eastern Loans?

To reach Eastern Loans you may use Live chat at the official website. Click the white menu «Chat» on the bottom right corner of the page.

There is a contact form to solve your problem anytime. Leave your name, email, phone number, and question and the customer service agent will get in touch during operation hours.

You could email at or call toll-free phone at 1-855-223-9313.

Headquarters address:

Eastern Loans

100 King Street West, Suite 5600

Toronto, ON, M5X 1C9

Calculate loan payments in Eastern Loans

Eastern Loans calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount

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Loan term

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What to pay attention to when applying for a loan from Eastern Loans

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes Eastern Loans from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
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