Frequently Asked Questions

First time customers are eligible for a loan up to $3,000, and existing customers who have a good payment history can qualify up to $10,000.

Applicants can apply for a multiple advance installment loan by visiting: http://eastlinelending.com/east-line-lending-form/. You will know if you are approved shortly after applying. Once approved our customer support team will contact you to verify information. Once you sign your loan agreement, funds will be made available to you within the next business day.

Your initial advance and any subsequent advance requested in the first 60 days from the Effective Date may not exceed 50% of your maximum approved amount. If your account remains in good standing for 60 days, you may thereafter request subsequent advances up to 75% of the maximum advance. Accounts in good standing for 120 days may be eligible for subsequent advances up to 100% of the maximum approved amount for the remainder of the advance period. Availability of subsequent advances depend on your payment history and other credit information.
For Example: If your maximum advance amount is $1,000, you may request advances in the first 60 days up to $500, in the next 60 days you can request a subsequent advance of an additional $250 to a maximum of $750, and for the remainder of the advance period up to $1,000. The minimum amount of any subsequent advance is $50.00, and you may only request subsequent advances in $25.00 increments. Subsequent advances may be accessed through our website.

This chart shows you the limits of the advances you may request:

From day 1 to 60: 50% of the credit limit
From day 61 to 120: 75% of the credit limit
From day 121 to 365: 100% of the credit limit

Your account must remain in good standing to be eligible for Subsequent Advances.  Capitalized terms used here have the meaning given to those terms in the Multiple Advance Consumer Loan Agreement.

Eligible applicants must be at least 21 years old, a US citizen, reside in a servicing state, and have an open and active checking account that is in good standing and is set up to receive direct deposits.

The costs for borrowing vary by how much you borrow and how many payments you make. See our Rates and Fees page for more information.

Loan Applications approved and processed by 1:30 PM CST of any business day will be funded the same day; Loan Applications approved and processed after 1:30 PM CST will be funded by the next business day.

Please note, additional incoming wire service fees may be applied by your bank. It is strongly recommended to verify if your bank will apply those fees, that your account is eligible to receive wire transfers, and when your bank will make those funds available to you.

The most common method of payment is electronic payment scheduled on the payment due dates set forth on the Payment Schedule in your loan agreement. This is the most convenient method as you will not have to worry about ensuring timely delivery of loan payments to us. Alternative payment arrangements may be made as further detailed in your loan agreement.

If you know that you will be unable to make one of your scheduled payments, contact us no later than 3 business days prior to your scheduled payment date.

If you are no longer interested in obtaining a loan through us, you have 24 hours after funds are deposited into your account to reverse the loan. Please contact us as soon as possible so we can guide you through this process.

Your loan repayments will occur on your payroll deposit dates and will occur weekly, bi-weekly, or semi-monthly for one year from the Initial Advance or any Subsequent Advance. Please note, there are no penalties for paying your loan off early. In fact, East Line Lending LLC encourages customers to pay off their loan as quickly as possible to reduce the total finance charges.