If you’re in a consumer proposal, you’ve successfully protected your assets so the banks can’t get their hands on them.
A consumer proposal is a good way of avoiding bankruptcy, but it leaves you with an r7 credit score, and not many options in terms of how to rebuild your credit. Even if you decide to wait the years it will take to pay it off until you start to rebuild your credit, who will give you the loans to make that happen?
We offer consumer proposal loans in Alberta that’ll help you rebuild your credit – fast. So not only are you getting a head start on paying back your consumer proposal, but you’re getting a head start on turning around your credit score.
Just fill out our online application, and in as little as 5 minutes, you can be on your way to a simple, credit rebuilding solution!
Need a loan, but aren’t sure you can keep up with the loan repayment terms? Calculate your monthly loan payment schedule with our personal loan calculator!
A Consumer Proposal loan is a great way to immediately start rebuilding your credit.
But isn’t it sometimes worth it to be patient, and pay off my Consumer Proposal over the span of 5 years, interest-free?
Maybe for some people, but consider:
Magical Credit’s interest rate for Consumer Proposal loans in Alberta is 3.9% monthly.
A consumer proposal loan is a good idea if you ever want to buy a house, get a job, buy a car, take out insurance, or simply rebuild your credit.
It might take some discipline and cutting down on a few indulgences. But you have to make sure that you are making your payments on time, preferably more than the minimum payment.
Magical Credit can offer anywhere from $500 – $10,000 in Consumer Proposal loans.
Magical Credit specializes in low-income, poor credit loans. We offer relief for people’s financial troubles when the banks look the other way. We can only expect an r7 credit score at this point in the Consumer Proposal process. So yes, you have enough creditworthiness, and yes, we can still help.
No. We have a zero-tolerance policy for unpaid payday loans.
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!
Earn $50 in seconds!
Participate in our referral program for cash rewards.