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We all know the
feeling of rejection. You’re ready to put your life on the line,
you decide to face the challenge presented to you head-on. You may
have honest intentions and you may in fact be the perfect person for
that challenge. Yet still, you are rejected.
Having a failsafe that you can rely on in your time of need is now more important than ever. Whether your pay has been cut by your employer because of the fallout from COVID-19, your hours reduced or even eliminated or perhaps some emergency has taken place in which you need the extra cash.
Read MoreA budget is used by both individuals and institutions to estimate monetary inflows and outflows over a specified period of time in the future. Read More
In the society that we live in, bill payments are part and parcel of being a citizen. Read More
In a nutshell, debt consolidation is the process of obtaining a single loan to pay off multiple smaller loans or debts owed. Read More
In simple terms, refinancing a loan simply means to replace an existing
loan with a new one, ideally with a lower interest rate. A personal loan
(also called a consumer loan) is any debt taken out by an individual
from a lender such as a bank for personal, non-business purposes.
Christmas, New Year and Hanukkah. Read More
Disclosures:
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 of 19.99% min - 35% max. On $1,500 borrowed for a 1-year term at 2.9% per month, the total cost of borrowing is $525.00. The total amount to be paid back with interest is $2,025.00.
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, Alberta, 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 $14.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $140.00. The total to payback is $1,140.00 which is an annual percentage rate of 365.00%. ON License #4741412. BC License#85919 AB License#358423.
The Loan must be paid in full by the end of the term, with no extensions or exceptions, and 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.
