Before walking you through all the steps of the Eastern Bank Personal Loans application process, there are a couple of important things you should know.

The first is that this loan is only available for people who already bank with Eastern Bank.

The second thing is that this loan covers applicants who reside on eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island.

So if this is not the case for you, keep reading for another great recommendation. 

But if you meet these requirements, this is one of the best personal loans available in the market.

With a fixed monthly rate starting at 7.99% and loan amounts up to $25,000, you’ll be able to get the funding you need without drowning in repayment debt.

Eastern Bank offers terms between 12 and 60 months and you can even qualify for an autopay discount.

You can apply even with a fair credit score, and Eastern Bank provides all account activities to the three main credit bureaus in the U.S., which in turn can help you improve your current rating.

Keep reading to learn more about the Eastern Bank Personal Loans application process and how you can easily get the funds you need to achieve your financial goals. 

The Eastern Bank Personal Loans online application is easy, and you can do so in just five minutes.

The first step is visiting the Eastern Bank’s official website and selecting “personal” on the top menu.

Then, find and click on “Eastern Bank personal loans” on the drop down menu. 

Take your time browsing the page and absorbing all the information contained within. Once you’re ready to apply, click on the “apply online in as few as 5 minutes” orange button.

You have the option to add a cosigner, so the next step is to choose whether you’re applying by yourself or with someone else.

Select the best option for you, read the USA Patriot Act Notice and check the box below.

Then, click on “continue”. The next page inquires how much you’d like to borrow and and how you’d like to pay. After providing that info, click again on “continue”. 

From that point on, you’ll have to offer the bank some personal and financial information about you and your cosigner if you choose to add one.

Eastern Bank will then review your application and present the best available offer.

If you agree to their terms, you can sign the contract online with an e-signature and close the deal.

The funds you requested should then be directly deposited into your Eastern Bank account within a couple of business days. 

Unfortunately, the Eastern Bank Personal Loans application is not available through a mobile app.

You can request this loan through a web browser, by visiting a local branch with all required documentation, or by calling 1-800-EASTERN on your phone. 

If you need a personal loan but can’t meet the Eastern Bank Personal Loans requirements, there are other options.

One of those options is the LendingPoint Personal Loans. You can apply even with a less-than-perfect score and borrow up to $36,500.

Interested? Then check the link below to learn more about the features and eligibility requirements of the LendingPoint Personal Loans.