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Bill Payment Loans in North West Territories

With the rising costs of utilities and the precarious state of many mining jobs in NWT, meeting bills in the territory is a greater challenge than ever before. But in those months where you’re struggling to meet payments, know that we’re here to help.

Magical Credit offers the best bill payment loans in NWT for those with a poor credit score or non-traditional income streams. Our online application form only takes 5 minutes to complete and we guarantee you’ll hear back from us within 24 hours!

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, bill payment loan calculator!

I want to borrow:

< $2000 >
$500
Min
$10,000
Max

Why You Might Need a Bill Payment Loan

  • Monthly Vehicle Payments – With the state of our roads, having reliable access to a vehicle is extremely important. Don’t lose your mobility just because you miss a payment deadline with the help of our NWT bill payment loans.
  • Cellphone Bill – In today’s society, you can’t afford to be unreachable by phone. A bill payment loan in NWT from Magical Credit will help make sure you stay connected.
  • Natural Gas Bills – Think the gas company won’t shut off your heat in the dead of winter? Do you really want to take that chance? An NWT bill payment loan from Magical Credit will make sure you won’t have to find out.
  • Electricity – In a land where it’s dark 24/7 for half the year, losing electricity because you didn’t pay your bill is a no-go. Meet those payments with NWT bill payment loans from Magical Credit.

NWT Bill Payment Loans FAQs

Is it guaranteed approval?

We do not guarantee approval for bill payment cash advances, seeing as every case is different – but that doesn’t mean you’re ineligible for a bill payment loan with bad credit.

We accept working income, as well as government subsidies, as long as you are receiving a minimum of $600.00 a month in addition to direct deposit income. A denial would be the result of current consumer proposal default on loans, loans in collections, or current bankruptcy.

What’s the process to get a loan in the Northwest Territories?

If you’re receiving a minimum of $600.00 monthly, and your income is direct deposit, you may qualify for a fast loan with us.

All you have to do is fill out our online application! It should take approximately 5 minutes to complete. A loan officer will respond to you within one business day. We don’t go off your credit score, but we take your overall credit report into account.

Can you help us consolidate some large debts into one monthly payment?

We unfortunately don’t consolidate our bill payment loans directly, but you can qualify for a larger loan from us, which you can then use to cover your multiple, smaller debt payments.


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.