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Getting the Best Deals from Gold Buyers in Canada

by Magical Credit

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. Read More

Late Tax Fees and You

by Magical Credit

The tax deadline in Canada for 2017 tax returns is fast approaching! After April 30, the CRA will begin to charge compound interest DAILY on May 1, until you pay off any amounts owing from 2017. Read More

Loan Example

Term
1 Year
APR
56.50%
Amount
$2,000.00
Fees
$194.00
Interest Rate (46.8%)
$936.00
Total Cost of Borrowing
$1,130.00
Total Due End of Term
$3,130.00
NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you borrow it.

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