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Just Discharged From Bankruptcy? Take Out A Bankruptcy Loan In The Yukon!


Personal Loans After A Discharged Bankruptcy In The Yukon

Getting approved for a loan is unbelievably difficult after you’ve been discharged from a bankruptcy.

From taking out a mortgage to getting a car, you must show creditors and lenders that you’re a reliable borrower.

If you need to rebuild your credit score, Magical Credit is a high-risk lender specializing in bankruptcy loans for bad credit applicants—including those recently discharged from bankruptcy.

I want to borrow:


What Personal Loans In The Yukon Can Offer After A Discharged Bankruptcy

  • Financing a Car – Getting a car after bankruptcy will make the most avid driver consider becoming a career pedestrian. Magical Credit’s loans improve credit scores after bankruptcy, so you’ll be considered for a lease, and you’ll have cash to put money down for your next vehicle.
  • Purchasing a Home – Successfully taking out a mortgage after bankruptcy is like Greek mythology, where heroes perform superhuman feats no mortal can mimic. But a promptly paid-off loan will help rebuild your credit, so you can be a hero in your own home.
  • A Second Chance – Borrowing after bankruptcy is agonizing—especially if you’re relying on banks. Financial institutions see you as a number, and your previous bankruptcy makes you a low number. However, our bankruptcy loans in the Yukon offer the second chance you deserve.
  • Rent – Landlords run credit checks on rental applicants, and a discharged bankruptcy doesn’t paint you as an exemplary rental candidate. Improve your credit after bankruptcy with a Magical Credit bankruptcy loan, and become a desirable tenant.

FAQs: Bankruptcy Loans In The Yukon

Do you suggest applying for a loan after being discharged from bankruptcy?

It depends. No applicant’s finances are alike, but by taking out a short-term loan and paying it off quickly, it helps rebuild your credit score by displaying a proven debt repayment history.

I am almost discharged from my bankruptcy, will I be eligible for a bankruptcy loan?

No—we only lend to applicants once they’ve been discharged from a bankruptcy.

Since I’ve just been discharged from my bankruptcy, I’ll be paying a premium in interest, right?

Not at all! All of our loans only charge a 3.9% monthly interest rate.

I collect monthly pension payments via direct deposit, will I be considered?

Maybe—while we accept traditional employment incomes and non-traditional income-sources such as pensions, you need to be collecting at least $600 per month to be considered for a Magical Credit 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!

Loan Example

1 Year
Interest Rate (46.8%)
Total Cost of Borrowing
Total Due End of Term
NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you borrow it.

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