Can I Get A Loan After Bankruptcy?
In this article, we’ll look at why companies offer bankruptcy loans, and how taking one on can offer you a means of rebuilding your credit.
Read MoreMagical Credit Blog
Subscribe and get the latest news, promotions and updates from Magical Credit.
Getting a Personal Loan After a Consumer Proposal
In this article, we’ll be examining how consumer proposal impacts your ability to be approved for loans, what you can do to discharge your proposal more promptly, and how Magical Credit can help you fix your credit rating after you’ve met the obligations of your consumer proposal.
Read MoreCan I Get a Personal Loan If I Have Bad Credit?
If you have less-than-perfect credit, obtaining any kind of loan can feel like a distant, inaccessible dream. Luckily, that’s very much not the case. Thanks to personal loans for bad credit, you can borrow money quickly and conveniently, and use those funds to bolster your financial opportunities in any area of your life.
Read MoreDo I Have Adequate Cash Flow to Take Out a Loan?
by Kevin Silver
In this world, you have to spend money to get money. Read More
Debt After Death in Canada
by Kevin Silver
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. Read More
Personal Finance Tools that Can Boost Your Credit Score
by Kevin Silver
There are no shortcuts to improving your credit – it’s a time-consuming process regardless of which path you take. Read More
Millennial Money: Why Generation Y are Financially Worse Off Than Their Parents
by Kevin Silver
It’s no secret that millennial home buyers are at a disadvantage when trying to buy their first home. 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.
