Need A Loan? Contact Magical Credit Today!

If you need cash fast, Magical Credit is a qualified private lender that specializes in low-income loans and poor credit personal loans in Canada. Don’t settle for a cash advance with a sky-high interest rate; get a short term loan with Magical Credit.



Magical Credit Inc.
380 Four Valley Drive, Upper Unit B
Concord ON
L4K 5Z1, Canada

Magical Credit Inc.
970 Lawrence Ave W #402
North York ON
M6A 3B6, Canada


Magical Credit Inc.
Po Box 38619
North York ON
M2K 2Y5, Canada

1-855-639-6888 Tel: 1-855-639-6888
Tel: 647-946-9767

Fax: 1-855-542-0155


Online 24/7

Monday- 9am-9pm EST
Tuesday- 9am-9pm EST
Wednesday- 9am-9pm EST
Thursday- 9am-9pm EST
Friday- 9am-9pm EST
Saturday- 10am-6pm
Sunday- Closed

Holiday hours may vary

Please contact us by phone or email to set up an appointment before you visit. We do not accept walk-ins.

If You Have Any Question Before Applying For A Loan, Fill Out The Form Below.


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 19.99% min - 46.8% max. On $1,500 borrowed for a 1 year term at 3.9% per month, the total cost of borrowing including a $194 fee is $896.00. The total amount to be paid back with interest and fee is $2,396.00. AB License #349796 and BC License #83626

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, 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 $15.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $150.00. The total to payback is $1,150.00 which is an annual percentage rate of 391.07%. ON License #4741412. BC License#85919.

The Loan must be paid in full by the end of term, no extensions or exceptions, 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.

1322 people applied for a loan with us in the last 7 days
186 people applied for a loan with us in the last 24 hours
13 people applied for a loan with us in the last hour