Barrie Personal Loans

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We Give You the Credit You Deserve

Magical Credit is your most trusted option for securing a personal loan that’s right for you. We look past your credit information to focus on what matters most today. 

Households across Barrie can receive the help they deserve, from personal loans to bad credit loans, as well as support for government subsidies of all types, including pensions, maternity leave, and child tax credit. At Magical Credit, we’re here for you. 

Read more about the types of income we accept.

Magical Credit Loans Magical Credit provides loans for people with bad credit. If you need money fast, apply for Magical Credit bad credit loan and get up to $20,000! 2024-02-28 PT1M01S

Qualify for a Short-Term Personal Loan Online

Barrie residents can secure their personal loans as easily as possible with Magical Credit. Our team is here for you to bring you quick approvals for your cash loans, and a quicker application process along with it. Get your loan in as little as one business day, deposited straight into your bank account at your convenience.

Why Magical Credit Loans?

Canada’s Personal Loan Leader

Magical Credit is here to help you build toward a stronger future with access to trusted personal loans.

Easy Online Loan Application

Our application process is quick and easy, and will save you valuable time out of your busy day. Simply provide some basic details, and we’ll handle the rest.

Super-Fast Loan Approval

We will help you get your personal loan approved as soon as possible, and will make sure to deposit your funds directly into your bank account within just 24 hours of your application.

Responsible Lending

TThe first step for our team is deciding if we can approve your application in order to guarantee securing your loan will be quick and easy. Once you have been approved, rest assured that we really do have faith in your ability to deliver on your commitment.

We Make Repayment Simple

Get a smooth and easy repayment schedule with our reliable system free of any surprises.

Your Privacy Matters

Through our reliable online services, we keep all your private information 100% secure.

over 5,000
4 out of 5 stars
customer rating
4.16 out of 5
customers would recommend to their friends
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How Our Personal Loans Work

For a streamlined approach to lending, we at Magical Credit offer you a simple monthly repayment calendar for your new loan process. Applying online from a computer or mobile device is as easy as can be with a borrowing amount and repayment term low enough for you. 

After evaluating your credit history and your income, we will contact you within 24 hours about your approval status for your personal loan. 

Once approved, receive your cash almost instantly and start making payments with our simple monthly repayment calendar.

Our Loans Open Up Possibilities

All it takes is a small personal loan to open the door to a brighter future.

  • Handle unexpected expenses: Failing equipment or medical emergencies are only a few of the kinds of disasters you cannot predict. Stay safe knowing your personal loan means you can have the cash on hand needed to handle anything you face. 

  • Boost your credit rating: By proving you can repay your loans, you have the best chance of boosting your credit rating. Get started today with our simple repayment calendar. 

  • Upgrade your education: Prove to employers you are a strong candidate by taking a college course or mastering a trade with your new personal loan.  

  • Buy a car (or repair the one you’ve got): It isn’t easy to keep a job without access to a car. Getting a new personal loan can help when putting down a payment.

Where the Magic Happens

Although our head office is located in the GTA, we provide bad credit loans almost everywhere in Canada! If you live in one of the following provinces and territories, then get ready to learn why Magical Credit is the Canadian bad credit loan leader:

  • Ontario
  • Alberta
  • British Columbia
  • New Brunswick
  • Newfoundland
  • Nova Scotia
  • Nunavut
  • Prince Edward Island
  • Yukon

We Lend Responsibly in Barrie

Specializing in personal loans, we are here to help you manage your finances as Canadian lenders. We make sure to comply strictly with all Canadian federal and provincial lending regulations, and are dedicated when it comes to approving loans for those who can meet repayment obligations. 

Magical Credit is here in Barrie to help make your process smooth and easy. 

About Barrie

Standing just under 100 kilometres above Toronto, the city of Barrie has a population of just 150,000 residents, with a larger metropolitan population of almost 200,000. Part of Simcoe County along the shores of Kempenfelt Bay, Barrie is part of the Greater Golden Horseshoe of Southern Ontario. The city features a strong and diverse economy, excelling in sectors such as education, healthcare, information technology, and manufacturing. 

A city such as Barrie which serves its residents through so many avenues must also provide them with access to trustworthy personal loans and financial security. Barrie houses many major banks, including TD Canada Trust, Scotiabank, and Meridian Credit Union, as well as others, such as the National Bank of Canada and the Peoples Credit Union. At Magical Credit, we are committed to serving the residents of Barrie by providing them the financial security they deserve. 

Lending Money 7 Days / Week in Barrie, ON 


Magical Installment Loans: We offer installment loans in the amount of $1,500- $20,000 that have a 12-60 month term with an APR 19.99% min - 46.8% max. On $1,500 borrowed for a 1 year term at 3.9% per month, the total cost of borrowing including a $194 fee is $896.00. The total amount to be paid back with interest and fee is $2,396.00. AB License #349796 and BC License #83626

NOTE: Our installment loans are open, so you can pay off your loan at any time with no penalty. You will only pay interest up to the date you pay it off.

Magical Cash Loans - Ontario, British Columbia, Northwest Territories, Nunavut, and Yukon Residents only: We offer Magical Cash Loans in the amount of $100-$1,500.00. The cost of borrowing is $15.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $150.00. The total to payback is $1,150.00 which is an annual percentage rate of 391.07%. ON License #4741412. BC License#85919.

The Loan must be paid in full by the end of term, no extensions or exceptions, no automatic renewals. Failure to pay your debt on time will impact your future credit with Magical Credit Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureaus.

1377 people applied for a loan with us in the last 7 days
165 people applied for a loan with us in the last 24 hours