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Apply For A Nova Scotia Employment Loan In 5 Minutes Or Less!


Get An Employment Loan Online From Magical Credit

Despite being gainfully employed, sometimes your salary isn’t quite enough to cover today’s luxuries like fast internet and Uber Eats. Plus there are those other minor responsibilities like rising rent, transportation costs, and expensive professional wardrobes for work.

When finances are tight, Magical Credit specializes in flexible employment loans for bad credit applicants in Nova Scotia. Our employment loans are open, meaning you only pay interest to date, and not the full term if you decide to pay off your loan early.

Give yourself some breathing room, and apply for an employment loan in 5 minutes or less!

I want to borrow:


Why Get An Employment Loan In Nova Scotia?

  • Internet/Mobile Plans – We live in a digital age, it’s outdated to hand-deliver your resume. For many companies, job applications are made online. It’s important to have access to the internet to keep up with potential job opportunities.
  • Hobby Classes/Professional Development – The time between jobs can be a good time to pursue interests, develop skills, and meet new people. Community colleges offer a variety of interesting courses for a reasonable cost.
  • Moving expenses – Sometimes job opportunities are far away and relocating your family is the best decision for your career. However, moving from one city to another is quite costly. Let an employment loan cover the cost of furniture, storage rentals, moving trucks and security deposits.
  • Interview Clothes – Your appearance influences an interviewers impression of you before you even open your mouth. An employment loan can help you look professional, sharp and most importantly, like an ideal candidate for the job!

Employment Loan FAQs

Will my employment impact my eligibility for a loan?

No, Magical Credit offers loans to people currently out of work. Employment isn’t a requirement for a Magical Credit loan. We accept government subsidies such as EI as a source of income, and if you receive at least $600 monthly via direct deposit, you will be considered for an unemployment loan.

For a list of income sources we accept, please read our who qualifies page.

I'm employed but have bad credit, can I apply for a loan?

Yes, we specialize in employment loans for Nova Scotians with bad credit. Your eligibility for a loan isn’t determined solely on your credit score, but your credit history. If you are receiving at least $600/month via direct deposit, we will consider you.

I need $250 for my electrical bill, can I get an employment loan for less than $500?

Sorry, we only offer employment loans between $500 and $10,000.

Many payday loans companies have an interest rate of $30 for every $100 borrowed. Are Magical Credit's interest rates lower?

Yes, significantly lower. Our fixed-interest rate is only 3.9% a month.

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!

Loan Example

1 Year
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.

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