If You Need An Easy Approval Almost Instant Personal Loan, Apply Now!

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Why You Should Consider An Easy Approval Personal Loan Vs. A Payday Loan

It may be easy to get a payday loan since payday loan companies don’t check your credit history, but they will happily rake you over the coals, and take you for a lot of money.

A few reasons Payday loans are a bad idea compared to an easy, personal loan for bad credit include:

  • If you don’t pay off the loan in its entirety, you’ll be hit with additional fees
  • On average, payday loans cost $10-$30 for every $100 you borrow
  • Because of their high rates, you risk falling into never-ending debt cycle

Magical Credit’s Easy Approval Personal Loans have the distinction of being easy while also being a financially responsible solution to your cash troubles. Not only are Magical Credit’s easy loans for bad credit approved same day, but you’re only charged 3.9% in interest monthly, ensuring you don’t fall further into debt.

What makes our loans so simple? Our short-term, personal loan calculator calculates your payment schedule for you!

What You’ll Need For Our Easy Approval Loan Application

  • Bank Statement (Sent through the Instant Bank Verification)
  • Proof of income
  • Valid Identification
  • Social Insurance Number

I want to borrow:


How Easy Loan Approval Can Help You

  • Keep up with bills – Hydro, mortgage, rent, car insurance, home insurance, cell phone, cable, and internet- the laundry list of bills can sneak up on you fast! In case you fall behind, easy approval bad credit loans are a simple way to keep up with payments.
  • Moving expenses – If you happen to be changing spaces, there’s always forgotten, unaccounted for costs - like buying your helpful friends pizza. Moving is hard enough, which is why it only takes 5 minutes to apply for an easy approval loan.
  • Refurnishing home – Your loveseat from 1986 is giving you scoliosis. Unless you want to buy a couch as comfy as a medieval torture rack, get ready to pay up. Magical Credit’s easy loans for bad credit can get you the quick cash you need, on the same day you apply with our 24-hour loan approvals!
  • Auto maintenance and repair – If your car breaks down, taking up a career as a marathon runner isn’t a viable solution to your transportation problem. Magical Credit’s easy approval bad credit personal loans is hassle-free money that’ll get you back on the road.

Can I Get Easy Application In My Province?

If you’re in need of Easy Application in any of the following provinces, we can help. Apply now!

  • Ontario
  • Alberta
  • British Columbia
  • New Brunswick
  • Nova Scotia
  • Nunavut
  • Prince Edward Island
  • Yukon

FAQ: Easy Approval Loans

I don’t have a driver’s license. Are there other forms of valid identification for the easy loan application?

The following are other accepted forms of personal identification:
  • Valid Canadian passport
  • Certificate of Canadian Citizenship
  • Certificate of Indian Status
  • Canadian Permanent Residency Card
  • Old age security Card
  • Photo Health Card and Birth Certificate or Social Insurance Card
  • BYID Card (LCBO) and Birth Certificate or Social Insurance Card

I am retired, but collect old age security- can I qualify for an easy approval personal loan?

Magical Credit accepts non-traditional forms of income; be it baby bonuses, disability pay, old age security and any other government-subsidized payments depending on where you live.

How do I prove my income?

We will need 2 recent paystubs, and 1 recent bill to your current address.

Do I need to provide my most recent bank statement for a personal easy approval loan?

We need your past 90 days’ bank statement, sent through the Instant Bank Verification section of the customer portal.

I live in Nunavut, can I still get an easy approval loan?

Yes – the only provinces we do not lend to are Quebec, Manitoba, Saskatchewan and Newfoundland and Labrador..


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!

If you’ve experienced anything like the above scenarios, you may need an easy approval personal loan. Use our short-term, personal loan calculator to ensure easy loan payments!

Whether you’re behind on bills, dealing with faulty appliances, or just need quick cash, Magical Credit’s Easy Approval Loans may be just right for you!


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, British Columbia, Northwest Territories, Nunavut, and Yukon 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%. ON License #4741412. BC License#85919.

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.

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