Once you’re discharged from your consumer proposal, you’ll have restored some credit, but your credit score will have taken a huge hit. Simply put, you won’t be a desirable borrower!
The bank isn’t kind to bad credit applicants. And payday lenders will drown you in debt with sky-high interest rates.
So, where can you go to help rebuild your credit score after a consumer proposal?
Magical Credit’s personal loans for bad credit applicants have reasonable interest rates, even if you’ve been discharged from a consumer proposal—helping you rebuild your credit score.
A discharged consumer proposal still comes with its bevy of headaches. Namely, your credit has sunk to the bottom of the financial ocean.
Magical Credit’s consumer proposal loans can be your credit score’s flotation device, giving you a fresh start:
Yes—Magical Credit specializes in loans for bad credit applicants. We assess your overall credit report as opposed to your credit score.
Each case is unique, but you may be eligible if you’ve been discharged from bankruptcy.
No— Magical Credit has a zero-tolerance policy for previously unpaid payday loans.
No—you’ll be paying 3.9%, just like everyone else!
No—while you have a direct deposited monthly source of income, it needs to be at least $600/month (traditional or non-traditional) to be eligible for a consumer proposal loan.
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