Apply for a Low-Income, Employment Loan in Alberta!

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Need a Fast Cash, Employment Loan in Alberta?

We’re not mathematicians, but paying $30 for every $100 borrowed doesn’t add up to debt relief.

But that’s what you’re agreeing to with most payday loans, and all because you needed a fast cash loan before your next paycheque.

Thankfully, Magical Credit provides employment personal loans in Alberta!

Unlike payday loan companies who take advantage of financially vulnerable applicants, Magical Credit believes in helping you manage your debt. If you need a cash loan before your next payday, our fixed monthly interest rate keeps your repayment schedule consistent, helping you get back on track!

Manage your loan repayment schedule with our short-term loan calculator, and repay your loan, pain-free!

I want to borrow:

< $2000 >
$2,000
Min
$10,000
Max

Let Alberta’s Employment Loans Keep You on the Straight and Narrow!

  • New Appliances: If you’re farming cattle and your kitchen appliances fail you, you won’t be able to eat your hard work! An employment loan in Alberta will give you quick cash to replace whatever appliance you need to enjoy your perfectly cultivated Grade ‘A’ Alberta beef!
  • Recreational Expenses: Working 12-hour shifts, and still don’t have the cash to hit up an Eskimos game? Work-life balance is crucial – an employment loan in Edmonton will have you repping the green and gold!
  • Rent: It’s winter, and spending a night on the frigid streets of Calgary isn’t an option. If you’re short on funds but need to pay rent, an employment loan can square you up with your landlord!
  • Chiropractic Expenses: You were showing off for your friends like some kind of professional equestrian, and you got flung off your horse. Your workplace doesn’t cover chiropractic care, but an online loan in Alberta can cure the costs, while you cure your spine.

Frequently Asked Questions: Employment Loans Alberta

If I have bad credit, how can an Employment Loan improve my situation?

If you pay off a loan for bad credit promptly, you’ll display the ability to take on a diverse amount of credit, and improve creditworthiness.

Can’t I just go to the bank, since I have a job?

You can—but banks tend have surcharges and fluctuating interest rates. They scoff at bad credit applicants, and are stingy if you earn a low-income, along with lengthy approval processes!

Magical Credit specializes in loans for applicants with bad credit and low incomes, have a fixed monthly interest rate of 3.9%. We also do 24-hour loan approval!

How do I prove my sources income to be eligible for an online employment loan?

Simply provide two recent pay stubs and a bill to your current home address.

What’s the maximum lending amount?

Magical Credit does online employment loans from $500-$10,000.

If you’re doing employment loans online, is there any specific security system?

We employ 128‐bit encryption, like your bank. Usernames and passwords aren’t displayed, viewed or stored.

How do you weigh loan applicants since you do bad credit loans?

We weigh candidate’s overall report of credit, current and previous bankruptcies, consumer proposal, and loans in collections.


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.