Please be aware Magical Credit will not request you to send any upfront fees in order to get a loan from us. If you are contacted by anyone requesting this by email, text or phone, please call us immediately at 1-877-213-2088.
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.
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 Approval Loans in my province?
If you’re in need of Easy Approval Loans in any of the following provinces, we can help. Apply now!
Our loans are considered short-term loans and have up to a 12-24 month term with an interest rate of 3.9% per month.
Interest Rate (46.8%)
Total Cost of Borrowing
Total Due End of Term
NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you borrow it.
Terms and Conditions: (APR 23% min - 59.7% max) Loan amortization is between 12-24 months. 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 with impact your future credit with Magical Credit Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureau.