You have bad credit. It’s nothing to be ashamed of – it just means that borrowing from banks will be tough.
You might be saying to yourself, “it doesn’t hurt to try”, but that’s not entirely accurate. The more loan applications you make, the worse your credit score becomes, and the less likely you’ll get a loan in the future.
So, stop applying for loan after loan and just make one – to Magical Credit.
Magical Credit specializes in quick and easy personal loans for people with bad credit. We will consider you when others won’t. Apply for a bad credit loan in B.C. today in as little as 5 minutes!
Yes, Magical Credit specializes in quick and easy personal loans for people with bad credit. If you receive $600 a month via direct deposit, we will consider you for a loan.
Yes, as long as you receive $600 a month via direct deposit, we will consider you for a loan. Acceptable forms of income include government subsides and pension funds.
In order to apply, you must have the following:
Unfortunately, no. Borrowers must have a bank account.
Sorry, but no. Magical Credit has zero tolerance for defaulting on payday loans.
We offer small loans to people with bad credit from $500 to $10,000.
Need an emergency loan, but aren’t sure you can keep up with the loan repayment terms? Calculate your monthly loan payment schedule with our short-term, personal loan calculator!
Our loans are considered short-term loans and have up to a 6-24 month term with an interest rate of 3.9% per month.
Example: $1,500 borrowed for one year at 3.9% per month. Monthly payments are $199.67. Total payback with interest and fee of $194.00 is $2,396.00.
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.
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