Payday loan companies can charge an astronomical $30 for every $100 borrowed, which can quickly land you in a revolving door of debt. And all because you maybe needed a fast cash loan to fix your carburetor (lest you’re forced to take the TTC to work every day!).
Unlike payday loan companies whose goal is to profit off you, Magical Credit’s employment loans for bad credit won’t spin you into a cycle of debt. We’ll get you back on track if you need a cash advance loan for unforeseen expenses.
Employment Online Loans in Ottawa, Toronto, or anywhere else in Ontario are easy to manage.
Don’t believe it? Calculate your payment schedule with our short-term loan calculator!
If you pay off a fast cash loan quickly, it shows you’re able to take on a diverse amount of credit, thus improving your creditworthiness.
Banks tend to have sneaky surcharges and fluctuating interest rates. They also won’t loan to you if you have bad credit, and are unforgiving when it comes to low-income applicants. Magical Credit specializes in loans for applicants with bad credit and low incomes. We also have a fixed monthly interest rate of 3.9%.
All you’ll need is two recent pay stubs and a bill to your current home address.
Our loans have terms between 6-24 months.
You can borrow between $500-$10,000.
We weigh your total income.
Magical Credit’s uses the 128‐bit encryption, the very same as your bank. Username and passwords are never displayed, view or stored. This is a safe, fast, and convenient way for you to submit your information for the employment cash advance loan approval.
We weight candidate’s overall report of credit as opposed to their credit score. We also weigh bankruptcy, current consumer proposal, and current loans in collections.
Any previous declarations of bankruptcy must be discharged prior to your application for an employment personal loan.
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!
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