Divorce Loans - personal loans taken to fund divorce proceedings. The legal costs of a divorce can often run into the thousands, which can potentially make it an expensive affair.
Divorce is a difficult time, and it doesn’t get easier with the added worries of paying divorce debt, divorce legal fees, and other divorce finances.
If you’re struggling with the cost of divorce, or your funds are tied up in divorce legal fees and settlements, apply for a divorce loan from Magical Credit. Our short-term, divorce loans can cover any financial hardships as you work through your emotional ones.
Divorce loans can be put towards the cost of divorce lawyer fees, helping you keep up with bill payments, funding alternative living arrangements, or the fight for the custody of your children.
Apply for a divorce loan today – our online application takes just 5 minutes to complete!
A divorce loan from Magical Credit isn’t limited to pending legal or attorney fees – it can be used for other life expenses as you work through this difficult time:
Divorce Lawyer Fees: Lawyers are paid by the hour, making a potentially lengthy divorce process costly. But hiring reputable representation is an investment, as you’ll be in a better position to fight for your assets – a legal loan can fund a respected lawyer.
Divorce / Marital Debt: If settlements don’t work in your favour, you may have a pile of unexpected expenses to deal with. We offer divorce loans up to $20,000, easily covering the cost of divorce debts, allowing you to move forward with your life.
Bill Payments: Life’s responsibilities – hydro bills, groceries, transportation, cell phone bills – aren’t put on hold during a divorce settlement. Keeping up with all the bills, plus added legal costs, is demanding – get a short-term, legal loan to buy yourself a little extra time to get everything in order.
Living Arrangements: If you’re in a stalemate with your spouse over property, you’ll need a comfortable space to live in for the short term. No, sleeping on the front porch isn’t the solution, and you can only stay on your friend’s couch for so long. Apply for a divorce loan to put yourself up in a nice hotel or Airbnb, and find some peace of mind.
Yes, we specialize in personal loans for divorce, and bad credit loans. We don’t base our decisions solely off credit score. If you are receiving at least $1,200 a month via direct deposit, we will consider you.
You can qualify for bad credit divorce loans between $1,500 and $20,000.
Magical Credit’s low interest, personal loans do not charge the same interest fees as payday loan companies. We have a fixed 3.9% monthly interest rate, whereas your average payday loans cost up to $30 for every $100 you borrow.
If you are receiving at least $1,200.00 a month via direct deposit, we will consider you for a divorce loan.
I am brand new to magicalcredit and it has been a pleasure talking to every representative. They are so polite and kind and it is great to have a number to call and get a response quickly. This is the start of a great banking/credit relationship. They have made my day and reignited my hope. Thanks magicalcredit!! Have a magical day!😁
Magical Credit is truly amazing! Their assistance has been a real lifesaver for me. The staff is incredibly friendly and supportive, and they made the entire process a breeze. I wholeheartedly recommend Magical Credit to anyone seeking financial help. They are the best!
The application is very fast easy quick it took me 10 mins to fill it out they responded to my application right away and I was approved in a matter of a couple hours. When talking to the agent she was very helpful and very clear on what they needed to approve my application. Thank you Magical Credit
Very fast and easy to get a loan I needed help and help was given right away . Very polite staff I was doubtful at first but in about 30 minutes was approved for more then I asked for. Which I can use because school shopping for more then one kid isn't cheap . I'd definitely recommend this company . Thank you so much
They made the experience easy and every person I spoke with which I think it was in total of four may have been up to 5 each one was knowledgeable more than willing to help as I am not the world's most tech person out there and even though I filled out some stuff wrong they contacted me right away to say hey we're having trouble with this can you help us out about why we're having trouble and got it sorted out within seconds just all in all a beautiful experience definitely five out of five
I had a great service! Staffs are very responsive and easy to talk to esp NATALIE! She's very nice and very professional, explained everything to me, I was approved for a loan but I needed a little more so she managed to have me approved for the amount I needed, also, It was very fast, i got the funds the next day! Thank you so much guys!
Great staff, fantastic service! Very reasonable interest rates and also flexible payment plans. Got my money promptly. These guys are simply amazing!
Need a divorce 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!
Magical Installment Loans: We offer installment loans in the amount of $1,500- $20,000 that have a 12-60 month term with an APR 19.99% min - 46.8% max. On $1,500 borrowed for a 1 year term at 3.9% per month, the total cost of borrowing including a $194 fee is $896.00. The total amount to be paid back with interest and fee is $2,396.00. AB License #349796 and BC License #83626
NOTE: Our installment loans are open, so 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.
Magical Cash Loans - Ontario Residents only: We offer Magical Cash Loans in the amount of $100-$1,500.00. The cost of borrowing is $15.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $150.00. The total to payback is $1,150.00 which is an annual percentage rate of 391.07%. License #4741412.
The 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 will impact your future credit with Magical Credit Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureaus.