Your poor credit means your loan application with the bank will be rejected, making your FICO score even worse.
And payday loans? You’ll be in debt for a decade trying to pay off the interest, never mind the inflated premiums for paying your loan off early.
Cut out the nonsense and wasted time, and apply for a bad credit loan from Magical Credit!
Our short-term loans are designed for bad credit applicants, because we don’t solely weigh our candidates’ credit scores and incomes. By collecting an income of at least $600.00 a month – through employment income, government benefits, pensions, or insurance – you may be eligible!
Planning your monthly bad credit loan payment is easy, just calculate your schedule with our personal loan calculator!
Yes—as a high-risk lender, we assess applicants based on their overall report of credit instead of their credit scores. We accept applicants who’ve been discharged from bankruptcies, as long as they’re receiving an income of at least $600 a month via direct deposit.
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—the most we’ll loan is $10,000.
No—as a high-risk lender, we specialize in loans for bad credit applicants, so our rate is 3.9% a month for every loan.
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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