Bad credit is bad news for your finances. If you need extra cash, loan rejections make your poor credit even worse. If you apply for a payday loan, you’ll be stuck paying over-the-top interest rates, and a premium for trying to pay your loan off early.
Skip the headaches and the heartaches, and apply for a bad credit loan from Magical Credit!
Magical Credit’s personal loans are made for bad credit applicants, because poor credit scores and low incomes don’t affect our candidates’ eligibility. If you’re collecting an income of at least $600.00 a month – through employment income, government benefits, pensions, or insurance – you may be eligible!
Plan your monthly bad credit loan payment schedule with our personal loan calculator!
We assess applicants based on their overall report of credit, instead of their credit scores. If you’re receiving at least $600 a month via direct deposit, have no current loans in collection, and aren’t currently bankrupt, we will consider you.
Yes—our loans are available to applicants collecting government subsidies or any income from pensions or maternity benefits, as long as they are direct deposited.
No—our loans start at $500.
To apply, you must have the following:
No—as a high-risk lender, we specialize in loans for bad credit applicants, so our rate is 3.9>#/b### a month for every loan.
No—we have a zero-tolerance policy for any 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!
Earn $50 in seconds!
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