Magical Credit is Alberta’s go-to lender for bad credit cash loans, from Calgary to Okotoks.

Apply Now

Easy Fast Cash Loans in Alberta

When you go to the bank, and you need a fast cash loan, you end up waiting in a queue for what seems to be an eternity.

Have a low income, bad credit, and need a loan in Alberta? Unfriendly bank employees will buck you out of the bank faster than a bronco at the Calgary Stampede. Even if you tick off the loan eligibility boxes, you’re still going to end up waiting through a lengthy approval process.

Cut out the queue, the stingy bank employees, and waiting for your loan approval. Magical Credit offers low income, bad credit cash loans with a 24-hour loan approval process! If you live in Alberta, have a source of fixed-income, and you need money fast, Magical Credit’s personal cash loans may be the solution to a financial crisis!

Calculate your easy cash loan repayment schedule with our short-term loan calculator!

I want to borrow:

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

How Quick Cash Loans in Alberta Can Solve Your Money Problems

  • Consolidate Debt – Pick-up truck repairs, mortgage payments, hydro bills, and hefty credit card balances weighing you down all at once? Take out one big fast cash loan, and pay off all those small nagging debts with one easy loan repayment.
  • Business Expenses – Getting a business loan isn’t feasible if you have bad credit…but you know your Alberta Beef-infused recipes will lead to big-time capital gains. Magical Credit’s bad credit loans can offer the quick cash that’ll get your business booming.
  • Medical Costs – A Beer League bruiser’s physical brand of defense has left your back a mess! But you can’t afford the chiropractor’s bill, nor can you afford to miss work. The compromise? Fast cash loans from Magical Credit to cover the bill to sort out your spine.
  • Wedding Expenses – Alberta weddings aren’t exactly a financial cake walk down the aisle, but you don’t want to skimp on your big day. Magical Credit’s direct deposit cash loans can cover what your savings can’t, so you can celebrate in style.

Alberta Cash Loans FAQs

Can I get cash right in my pocket without a bank account?

No—Magical Credit may offer cash loans, but the cash is direct deposited into your bank account.

Does the 24-hour loan approval cost extra interest?

No—all Magical Credit cash loans have 24-hour loan approval, with a 3.9% monthly interest rate.

Can I still be approved while collecting unemployment?

Yes—Magical Credit approves applicants with any source of fixed income, whether it’s traditional or non-traditional.

I’ve previously gone bankrupt, but had it discharged, can I still apply?

Yes—we’ll loan to bad credit applicants who’ve had bankruptcies discharged. We weigh your overall report of credit instead of your credit score. We won’t loan to anyone who’s previously defaulted on a loan.

What terms do you offer for you cash loans?

Our loan repayment terms range between 6-24 months. Our short-term loan calculator can help you calculate your repayment schedule!


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.