Get Approved for a Bill Payment Loan in Just 5 Minutes

Apply Now

Magical Credit Debt Loans in Saskatchewan

It’s an exciting time to be living in Saskatchewan right now! We have a new football stadium, and an ex-NFL Pro Bowler wearing our signature green and gold.

But buying a ticket to spend the day at the new Mosaic Stadium to watch Vince Young nudge us closer to another Grey Cup means another payment that you can’t quite afford.

Aside from Rider’s tickets, living in Saskatchewan is pricey – we have the 4th highest electricity rate in Canada. And because of Canada’s shifting economy, most of Canada’s provinces, including Saskatchewan, are suffering an increase in unemployment rates. So while it’s nice to enjoy some gritty football as a distraction from debt, it’s important to have a plan.

If you need help paying bills, Magical Credit offers bill payment loans which you can use to consolidate your debt into one, easy to manage bill. Even if you have bad credit, you can still apply online, and we can start working together to get you back on track and on top of your debt.

I want to borrow:

< $2000 >

Why Might You Need a Bill Payment Loan in Saskatchewan?

  • Saskatchewan Roughriders: You only get this if you live in Saskatchewan. Sometimes, you just need to go to the game. It’s not a ‘don’t buy tickets if you’re in debt’ kind of situation. It’s more of a ‘buy the tickets, and if you’re in debt, we’ll figure it out afterwards.’
  • Unemployment: The Canadian economic climate is actually losing people jobs. So if you have signed up for monthly payments – whether it’s rent, a lease or a subscription – but you just got laid off or fired, don’t worry. Take out a bill payment loan with Magical Credit while you go job hunting.
  • Vacation: Don’t get us wrong, we love Saskatchewan as much as the next Saskatchewanian. But if you need a break from our province that’s flatter than a retiree’s social calendar, it may be time for Magical Credit to help out. Just don’t go to the Canadian Rockies – you won’t want to come back.
  • Debt consolidation: Your bills are piling up quicker than Grey Cups in Toronto (sorry, Rider Nation). But it’s time to let Magical Credit consolidate them into one easy bill that is easy to keep your eye on, and manage.

FAQs - Bill Payment Loans in Saskatchewan

If I have bad credit, is it worth my time applying for a loan?

For sure! We actually specialize in giving loans to people with bad credit, meaning that we consider other factors to give you the credit that we feel you deserve. That way, we can do what we can to help you start paying off your debts, and getting your life back on track.

I don’t have a bank account. Can I still apply?

Unfortunately, if you don’t have a bank account, you can’t qualify. Your income needs to be $600 monthly, and needs to be deposited directly into your bank account.

I have a bank account and I make more than $600 a month. I’m for sure good now for a loan, right?

Maybe. Definitely apply, because that’s a great start. While we would love to guarantee approval for every application, it isn’t always so easy. If you have a history of not paying back loans, among other similar things, you will be immediately ineligible for a loan.

A number of years ago, I defaulted on a payday loan. Will that affect my application?

Yes it will. Although there are some things that we can look by, such as bad credit or unemployment, but a default on a payday loan isn’t one of them.

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
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.
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.