When you take out a payday loan with the intent of paying it off early, you’re charged a premium for your promptness. And all you’re trying to do is avoid the brunt of ridiculous interest rates that run as high as $30 for every $100 borrowed!
Unlike payday loans – which seem easy – Magical Credit’s easy loan approval process can improve your financial situation. You can pay our open loans off as easily as you were approved, without being charged additional premiums for early loan repayment.
Yes— having full time employment helps your application, but is not a requirement. Magical Credit accepts non-traditional forms of income such as EI payments, old age security, or Child Benefit subsidies, to name a few, as long as they are direct deposited.
Simple! We need two recent pay stubs, and one recent bill with your current address.
Yes—the only ineligible provinces in Canada are Quebec and Manitoba.
No—Magical Credit only accepts bank statements from up to 90 days ago.
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