Need Help Paying Bills? Get Approved For A Bill Payment Loan In 5 Minutes Or Less!

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Bill Payment Loans In Canada

As life goes on, so does the list of everyone you owe money to. Internet? Hydro? Phone? Not only is it difficult getting the money to pay back all the debt you owe, it’s extremely stressful trying to keep track of everyone you owe money to! Wouldn’t it be nice to take that extra stress out of your life?

For debt consolidation and any kind of bill payment loans, let Magical Credit extend a helping hand. We look past your bad credit to help you get your life back on track. Best of all, you can be approved for your loans for bills payment and consolidation loans in just 5 minutes!

Need a personal loan to pay off bills, 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!

I want to borrow:


Why You Might Need A Bill Payment Loan

  • Hydro and electric bills – Be honest – have you ever thought twice about turning on your heating or AC in the house in futile attempts at keeping your electric bill as low as possible? Does it sound right that you can’t be comfortable in your own home? Luckily, this is a responsible way of being comfortable first, and thinking about the payments later.
  • Phone and internet bills – It’s pretty cold in this country, so the only surfing you can be doing is on the internet. So surf away my friend, surf away.
  • Weddings, vacations, or moving – For the help with bill payments that will move your life forward, you shouldn’t have to wait. Want to get married? Need a vacation? Need to relocate? You do your thing, and we’ll help make it happen!

Can I Get Pay Bills In My Province?

If you’re in need of a loan to help you with bill payments in any of the following provinces, we can help. Apply now!

  • Ontario
  • Alberta
  • British Columbia
  • New Brunswick
  • Newfoundland
  • Northwest Territories
  • Nova Scotia
  • Nunavut
  • Prince Edward Island
  • Yukon

Bill Payment FAQs

I applied an hour ago. How long does it take to get an email confirmation?

A- Once an application for a bill payment loan has been submitted, a Magical Credit representative will get back to you within a maximum of 24 business hours.

Is it guaranteed approval?

Although we can’t guarantee approval for loans for bill payment – seeing as each case is different – bad credit doesn’t mean that you are immediately ineligible. We do consider working income, government subsidies, and if you’re making $600 monthly, in addition to a direct deposit income. A denial would be a result of current consumer proposal default on loans, loans in collections, or bankruptcy.

Do you help people with bad credit?

Absolutely! We are a bad credit loan lender! That would include short term loans or long term loans, bill payment loans for debt consolidation or any other kinds of loans to pay bills. Therefore, we consider current consumer protocol, bankruptcy, and current loans in collections.

What’s the process to get a bill payment loan?

As long as you’re receiving a minimum of $600.00 monthly, and your income is direct deposit, you may qualify for a bill payment loan with us. All you have to do is fill fill out our online application! It takes approximately 5 minutes to complete. A loan officer will respond to you within one business day. Keep in mind, that although we don’t go off your credit score, we do take your overall credit report into account.

What’s the interest rate on personal bill payment loans?

Our interest rate is 3.9% monthly.

If I can only get approved for less than what I applied for, will I be notified? Or is it just a ‘no’?

We’ll let you know if you qualify for a smaller bill payment loan, too.

Need a bill payment 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 6-60 month term with an interest rate ranging from 3.4%-20% per month.

Example: $1,500 borrowed for one year at 3.4% per month. Monthly payments are $199.05. Total payback with interest and fee of $194.00 is $2,388.54.

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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