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!
No—Magical Credit may offer cash loans, but the cash is direct deposited into your bank account.
No—all Magical Credit cash loans have 24-hour loan approval, with a 3.9% monthly interest rate.
Yes—Magical Credit approves applicants with any source of fixed income, whether it’s traditional or non-traditional.
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.
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 6-24 month term with an interest rate of 3.9% per month.
Example: $1,500 borrowed for one year at 3.9% per month. Monthly payments are $199.67. Total payback with interest and fee of $194.00 is $2,396.00.
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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