Find Your Credit Card Match
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
Magical Credit Blog
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Beware of these New Lending Scams in Canada!
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
5 Ways the Tax Man is Watching You
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
Tax Credit vs. Tax Deduction
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
To Micro Budget, or Macro Budget?
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
What's the difference between revolving credit and an installment loan?
by Kevin Silver
Not all loans are created equally. Read More
Understanding Different Types of Loans in Canada
by Kevin Silver
When looking for a loan, it quickly becomes obvious that they’re not a one-size-fits-all transaction. 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 12 to 78 payments, with flexible payment schedules available as weekly, bi-weekly, semi-monthly, or monthly.
Example: A $5,000 loan repaid over 36 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 34.86%. The Repayment amount includes optional Loan Protection Plan coverage.
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 $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.
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.
Our Family of Brands: Whether you need personal funding, business advance, or short-term cash support, our family of brands offers financial solutions designed to fit your needs.
-Magical Credit: Personal Loans and Installment Loans available through Magical Credit.
Apply Now: https://www.magicalcredit.ca
-Magical Business: Merchant Cash Advances and business funding solutions available through Magical Business.
Apply Now: https://www.magicalbusiness.ca
-Magical Cash: Payday Loans and short-term cash solutions available through Magical Cash.
Apply Now: https://www.magicalcash.ca
