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by Kevin Silver
If you’ve told your children the tales of Ebenezer Scrooge and The Grinch countless times, we’ve got a new holiday saga to share with a round of hot chocolate: How Magical Credit Saved Christmas. Read More
by Kevin Silver
The following hypothetical loan situations are based on the assumption that the following fictionalized characters collect a fixed monthly income of $600. Read More
by Kevin Silver
Picking a credit card is just like prom season - you shouldn’t settle for the first offer that comes your way. Read More
by Kevin Silver
We rely on the Internet for virtually everything nowadays, and looking for the best personal loans with the best rates is no different. Read More
by Kevin Silver
Hey, Canadians! We just wanted to give you a reminder that the 2017 tax season’s about to meet its end. Read More
by Kevin Silver
They say each and every season has its own unique beauty, but it’s hard to say the same for the tax season. Read More
by Kevin Silver
When you find yourself stuck in a financial bog, a bigger paycheck isn’t necessarily the all-encompassing solution that resolves any money problem. Read More
Disclosures:
Magical Installment Loans: Installment loans are available to eligible residents of Ontario and range from $1,500 to $20,000. Repayment terms range from 18 to 78 payments, with flexible payment schedules available as weekly, bi-weekly, semi-monthly, or monthly.
Example: A $5,000 loan repaid over 18 monthly installments would require payments of $300.40 per month.
NOTE: Loan amount and payment amount are subject to change upon final loan approval. Interest rate for Personal Loans is calculated at 34.8%. The Repayment amount includes optional Loan Protection Plan coverage.
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 pay back 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.
