Need Help? Need help? Call us now 1-877-213-2088

Magical Credit Blog

Subscribe and get the latest news, promotions and updates from Magical Credit.

Savings Guide: How to Save Money in Canada

by Kevin Silver

Whether you're just old enough to begin understanding the financial world and its complexities, or you’re at the age where you truly appreciate the importance and responsibility of making wise monetary decisions, one word that has been there by your side through thick and thin is savings. You’ve either had it force-fed to you for as long as you can remember, or you are currently force-feeding it to someone else, but regardless of your position, what exactly are savings, why is it important and how can we achieve it?


Read More

Our loans are considered short-term loans and have up to a 6-60 month term with an interest rate ranging from 3.4%-20% per month.

Example: $1,500 borrowed for one year at 3.4% per month. Monthly payments are $199.05. Total payback with interest and fee of $194.00 is $2,388.54.

NOTE: 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.

812 people applied for a loan with us in the last 7 days
130 people applied for a loan with us in the last 24 hours