Easy Approval Loans in Alberta Come With 24-hour Loan Approval!

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Magical Credit offers Easy Approval, Personal Loans in Alberta!

Don’t get fleeced by payday loan companies, even if their easy approval sounds appealing.

Here are the facts about payday loans:

  • You’re peppered with additional fees if you don’t make immediate payments
  • For every $100 borrowed, you can pay up to $30 in interest!
  • These high interest rates and nasty hidden fees perpetuate a never-ending cycle of debt!

Magical Credit’s easy approval, bad credit loans in Alberta are simple, and create the financial breathing room you need to make ends meet.

A 24-hour easy loan approval is a life saver when you need quick cash! We keep things upfront, with a fixed interest of 3.9% monthly on easy approval loans in Alberta.

Our short-term, personal loan calculator calculate your easy loan payments!

I want to borrow:

< $2000 >
$500
Min
$10,000
Max

When to Apply for Easy Approval Loans in Alberta

  • Bill payments – If your hydro gets cut off in the middle of a Calgary winter, there’s no amount of layering or bundling that’ll get you through the season. Your core body temperature need not fear – Magical Credit does easy bad credit loans in Calgary!
  • Dental expenses – Losing seven teeth because someone in your beer league was an enforcer for the Oilers can be costly to your smile and your finances. Magical Credit can make those dental repairs a little bit easier for you to grin and bear it.
  • Equipment repairs – You’re working on the ranch out in Red Deer, and your tractor engine explodes. You don’t have time for malfunctions on your farm, so let our easy approval loans online get you back on the saddle without any difficult trips to the bank.
  • Car repairs – You live in Banff but you work in Calgary, and you just got a flat tire. Easy approval loans are the way to inflate your tire without deflating your bank account!

FAQs for when you need an Easy Approval Loan in Alberta

I’ve recently had my driver’s license suspended. What can I use as valid ID?
  • Valid Canadian passport
  • Certificate of Canadian Citizenship
  • Certificate of Indian Status
  • Canadian Permanent Residency Card
  • Old age security Card
  • Photo Health Card w/ Birth Certificate or Social Insurance Card
  • BYID Card (LCBO) w/ Birth Certificate or Social Insurance Card
I just lost my job but I’m collecting EI, can I still be approved?

Yes—non-traditional forms of income are sufficient for an easy approval loan application; be it disability pay, old age security, or EI.

What acts as sufficient proof of income?

Easy approval loan applicants in Alberta must provide two recent paystubs, and one recent bill to your current address when applying for a loan online.

Why wouldn’t I just get a loan from the bank as opposed to Easy Approval Loans?

Bank loans are not easy. They have stringent approval policies, and they scoff at bad credit and low-income applicants, on top of surcharges and fluctuating rates of interest. Magical Credit specializes in bad credit applicants with low income, and offers fixed interest loans of 3.9% monthly.

Can I provide a bank statement froorm a month ago when I apply for an easy approval loan?

Yes—Magical Credit accepts bank statements from up to 90 days ago.


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!

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.
Loan Example
Term
1 Year
APR
56.50%
Amount
$2,000.00
Fees
$194.00
Interest Rate (46.8%)
$936.00
Total Cost of Borrowing
$1,130.00
Total Due End of Term
$3,130.00
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.