You’re in need of a loan, but you have a low credit score.
Don’t let yourself get fleeced by payday loan companies, because their interest rates are only designed to keep you in debt. Banks will say no before you can say hello, and it’ll damage your credit score even further.
The solution? Magical Credit is a high-risk lender, specializing in loans for bad credit applicants! If you live in Nova Scotia, you can apply for a bad credit loan today in as little as 5 minutes!
If you don’t know if you can keep up with our bad credit loan repayment terms, calculate your monthly loan payment schedule with our personal loan calculator!
Yes—we are high-risk lenders who specialize in loans for bad credit applicants. We don’t weigh poor credit scores as much as we weigh your overall report of credit.
As long as you receive $600 a month via direct deposit, you may be eligible for a bad credit loan. We accept traditional and non-traditional sources of income.
In order to apply, you must have the following:
Magical Credit only lends to applicants with a bank account, since our loans are direct deposited.
Unfortunately, not. Speak with your employer or any institution you receive funds from to set up a direct deposit.
No, Magical Credit has zero tolerance for unpaid payday loans.
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!
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