Get Approved for a Bad Credit Loan for Bill Payments in Newfoundland. It’ll only take 5 minutes!

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Bill Payment Loans for Bad Credit Applicants in Newfoundland

You’ve got bills to pay, and mouths to feed. As the bills pile up more and more, the chances of feeding those mouths become less and less.

“I’ll just go to the bank, and I’ll take out a loan to cover my bills,” you tell yourself. But you’ll soon realize your need for some financial help will remain unmet. Banks will scoff at your bad credit, and sneer at your low income. Plus, getting rejected will hurt your already struggling credit score.

Don’t waste your energy on trips to the bank! Magical Credit’s online loans for bad credit applicants are perfect for paying bills and debt consolidation, if you live in Newfoundland!

I want to borrow:

< $2000 >
$2,000
Min
$10,000
Max

Why You Might Need a Bill Payment Loan in BC:

  • Hydro and Electric Bills: You leave one light on when you’re gone for a day, or you forget to turn your tap off after washing some dishes, and suddenly you’re in a world of financial hurt. Take out a personal loan in Newfoundland, and remedy the pain from ridiculous hydro costs.
  • Mobile Data and Internet Bills: Decent internet and mobile data plans can sink your bank account faster than the Edmund Fitzgerald. Unless you’re okay with enough bandwidth that’ll last a single YouTube video, take out a bill payment loan to ensure decent service.
  • Weddings: Everybody in Canada knows that Newfoundland is where the party’s at. Your wedding should reflect that, but it’ll cost you an arm, leg, fin, and lobster tail if you want an open bar. Take out a short-term loan from Magical Credit so everyone enjoys your nuptials!
  • Debt Consolidation: With a Magical loan for debt consolidation in Newfoundland, your many bills will be streamlined into one easy-to-track, monthly payment.

Newfoundland Bill Payment Loans FAQs

Once I’ve submitted an application for your online loans, when will I know if I have been accepted?

A Magical Credit representative will get back to you within one business day.

Do you offer bill payment loans for bad credit applicants?
  • Yes—we’re a high-risk lender that doesn’t determine loan eligibility based solely on credit scores. We consider other contributing factors to determine if you’re eligible!
What’s the interest rate on bill payment loans?

Our interest rate is 3.9% monthly.

How do I get approved for your bad credit bill payment loans in Newfoundland?

By collecting a minimum direct deposit monthly income of $600 – including government subsidies – you may be eligible for a bill payment loan!

Just take 5 minutes to fill out our online application, and within a business day, we’ll let you know if you qualify!


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!

Our loans are considered short-term loans and have up to a 12-24 month term with an interest rate of 3.9% per month.
Loan Example
Term
1 Year
APR
56.50%
Amount
$2,000.00
Fees
$194.00
Interest Rate (46.8%)
$936.00
Total Cost of Borrowing
$1,130.00
Total Due End of Term
$3,130.00
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.
Terms and Conditions: (APR 23% min - 59.7% max) Loan amortization is between 12-24 months. Loan must be paid in full by the end of term, no extensions or exceptions, no automatic renewals. Failure to pay your debt on time with impact your future credit with Magical Credit Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureau.