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If you are struggling financially and need some extra cash to help you cover your day-to-day expenses, alternative loans with Eastern Loans could be the best option for you. These loans come with flexible repayment terms, low interest rates and quick approval times, making them the perfect solution for those with financial difficulties.
Eastern Loans offers incredibly fast cash solutions that require no credit checks or collateral. By filling out a simple application today, you can get your loan approved in just minutes, giving you instant access to the money you need right now!
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Eastern Loans features
The interest and term length offered by Eastern Loans is competitive with many other institutions. With an annual rate of 23% and 5 months as the longest term, you’ll have more money left over in less time.
You can apply for a loan of up to $1,000 by filling out an online application and receiving your funds the next business day.
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Eastern Loans benefits
Eastern Loans offers a number of advantages when applying for payroll loans. Apply for a payroll loan with Eastern Loans in just a few minutes. It’s as easy as you think it is. Get your loan approved in minutes and have your money deposited within 24 hours.
You will get a lower interest rate of 23% APR on your loan, which is more than fair when compared to the fees charged by other short-term loans.
Depending on what you want, you can pay off your loan in 3 months to 5 months, in 3, 6 or 12 installments. There are no collateral required for this type of loan, so if you cannot repay it, there is no risk of losing any of your assets.
Is an option for people with bad credit. They may have a higher price tag, but you can still sign up. In addition, there is extensive coverage of Canada. With loans, you can take out a payroll loan in any of the provinces in which they operate.
Eastern Loans types of loans
Eastern Loans offers fast and easy online loans that are approved on the same day. You will have your money in your account the same day you apply.
Unlike other payday loan providers, Eastern Loans offers up to three months to pay back the borrowed money. This means your payments will be more affordable and less burdensome on your overall budget.
Taking out a short-term payroll loan can be a quick and easy way to cover your financial problems. However, paying off these loans is more expensive than mortgages, so you need to consider your business finances before taking out one.
They cost more than withdrawing cash early on your credit card, which is why you should explore other options before taking out a payroll loan.
Requirements for applying for Eastern Loans
This is a security measure to confirm your identity. You are required to provide a government-issued ID, such as a driver’s license or passport. Proof of residence. If your address is stable, you may need to provide a utility bill or cell phone to verify this.
Your account does not contain a spendable balance. To withdraw funds, you must provide a void check or complete and submit the direct deposit form on the website. You may be required to provide proof of income, such as paychecks and bank statements.
Bottom line: You have to be a permanent resident or citizen, plan to be paid by direct deposit, a legal adult over 18, and have a steady job for 3 months (or more) to qualify. You have to be earning at least $1200/month and not have any NSF or payroll loans.
How to apply for Eastern Loans
Leste Loans does not have any physical location where you can apply for a payroll loan. You can only take out a loan by filling out the form on their website, so keep that in mind.
Eastern Loans offers a simple online application process. All you need to do is enter some personal and financial information. When they review your documents, they all seemed in order and we look forward to speaking with you soon!
Once Eastern Loans receives your information, it will assess whether you are eligible for a loan. You will receive your loan funds in your bank account within 24 hours if you meet the requirements.
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