Apply for Magical Credit’s Easy Approval Loans when you need quick cash!

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Easy Loan Approval in BC

Payday loans are a classic case of “too good to be true”. They come easy, but they’ll cost you an arm, a leg, and possibly your sanity!

Here’s why you should reconsider applying for a payday loan:

  • There’s tons of additional fees if you can’t repay immediately
  • They can cost $30 per $100 borrowed
  • The high rates will financially bury you under a pile of debt

Need quick cash in Vancouver? In a financial bind in Nanaimo? Magical Credit’s easy approval loans in British Columba are monetary saviors in times of fiscal peril! Don’t put up with the entitled behaviour of payday loan companies- you deserve better!

Our approval is easy, because we cater to low-income applicants with bad credit. We understand that you need money fast – that’s why Magical Credit has a 24-hour loan approval process!

Let our short-term, personal loan calculator calculate the repayment terms of your installment loan!

I want to borrow:

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

How Easy Loan Approval Can Help You in British Columbia

  • Bill payments – You forgot to turn off your bathroom light for three days, and now your bill suggests that you also power the entirety of Rogers Arena! Magical Credit’s easy approval loans in BC give you cash the next day, so you won’t miss a payment!
  • Moving expenses – There’s many moving parts when you’re moving out! Trucks, movers, sushi for your pals – it’s hard to know if you’ll be able to cover the costs. When you need money fast, loans with easy approval are available at Magical Credit!
  • Redecorating costs– It’s 2017, meaning it’s time to get rid of the mink-shag carpet! And the flea market won’t do for décor this time. It may be time to take out an installment loan for your questionable tastes!
  • Car repairs – Remember that time you had to push your car for 8 km mostly uphill? Don’t let that happen again! If you’re low on funds, just take out an installment loan from Magical Credit to fix that darn rattling noise coming from your engine!

Easy Approval Loans FAQ

What should I show as valid ID if my driver’s license is expired?

The following identification is valid in lieu of a driver’s license:

• 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 am not working, but collect EI - can I still qualify for an easy approval loan in BC?

Yes—we accept non-traditional forms of income; be it EI, old age security, or any other BC government subsidies.

What can I provide as proof of my income to qualify for a short-term personal loan?

Two recent paystubs, and one recent bill to your current address to be eligible for Magical Credit’s loans.

Can I still get a bad credit loan in Victoria?

Yes, we are BC’s high-risk lender! In fact, we’re Canada’s bad cred it lender – minus Manitoba and Quebec!

Is a bank statement from three months ago valid in helping me 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.