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In this world, you have to spend money to get money. Even the most generous loan dealer requires borrowers to have some form of income. Where Magical Credit differs from other lenders is that we accept non-traditional sources of income, and look past credit history, to give people the best chance for bad credit loan approval. Read More
If you’ve never had to apply for a loan before, it can seem a little daunting, but it’s even worse if you have to apply for a loan with bad credit history. Read More
Think you have debt horror stories?
Let us tell you, friends, you haven’t even begun to experience the fear and existential angst caused by mounting debts your income can’t even make a dent in. If you really want to feel the cold grip of terror crawling up your spine this Halloween, skip the haunted house and check out these debt horror stories. Read More
Dealing with the loss of a loved one is hard enough without having to worry about who’s on the hook for the debts they left behind. The silver lining to this terrible situation is that creditors in Canada cannot generally compel the deceased’s family to pay off their credit card debt or any other loans. Read More
We’ve all seen those ads while surfing late night TV: Cash for gold, I’m the Cash Man, We Buy Used Jewelry! However, anyone who’s actually tried to sell jewelry to gold buyers in Canada can tell you it’s not as easy as simply handing over your Mr.T gold chains from your failed rap career and making it rain. Read More
Usually, Halloween teaches kids the worst financial lesson possible: that you can get something for nothing. Instead, teaching kids about money on Halloween should be accomplished with real money lessons. Read More
You’ve paid your bills on time, are responsible with your savings, and have diverse types of credit, all leading to a credit score you’d proudly frame between your diploma and picture of your family. Read More
Pulling yourself out of growing debt can feel pulling yourself out of quicksand: The more strategies you try, the more you sink. Read More
There are no shortcuts to improving your credit – it’s a time-consuming process regardless of which path you take. But the right personal finance tools can help you get there in one piece. Read More
It’s no secret that millennial home buyers are at a disadvantage when trying to buy their first home. While Baby Boomers would love to blame it on poor personal finance skills or penchants for avocado toast, the truth is much more complicated. Read More
