Need Quick Cash? Set Aside 5 Minutes To Apply For A Fast Personal Loan!

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Fast Loans In Canada

Fast Loans enable the borrower to receive funds directly and quickly into their account to fund immediate expenditures. Fast cash loans can often be processed within an hour.

Your significant other just kicked you out, and after soaking up your tears and finishing a tub of ice cream, you realize you need to find a new place to rent. Sadly, you’re low on cash and your credit’s bad, so the bank’s not an option. You need some quick cash to pony up for this year’s first and last!

Magical Credit may not be able to mend your broken heart, but our personal fast loans can certainly get you back on your feet. Our 24-hour loan approval offers security during unsure times, even if your’re mired in poor credit. It only takes 5 minutes to fill out an application!

Use our short-term loan calculator to keep track of your fast personal loan payments!

I want to borrow:


How Fast Loans Can Help You

  • Job Interview Attire – When you have an important job interview but the fanciest part of your wardrobe is a pair of flood pants, it means you need to do some shopping! A professional outfit isn’t cheap, so if you’re low on funds, a fast personal loan from Magical Credit will help you dress the part you’re applying for.
  • Holiday Gift expenses – Extra coin can help check off your gift list without the constraints of a shoestring budget. So, if you have poor credit but need money fast, for a memorable (re: expensive) gift, Magical Credit will help you be the hero of the holidays with our fast personal loans.
  • Air Fare – If your friends love inviting you on their spontaneous offshore getaways, don’t miss out on the fun. Take 5 minutes and apply for a personal fast loan from Magical Credit, and we’ll direct deposit the money after our one-day approval process, so you won’t miss out on some much needed leisure time.
  • Home Renovations – Did the contractors who built your deck charge over the quoted price? That’s an ugly surprise that can be hard to factor into your budget- thankfully Magical Credit’s fast personal loans will get you the required funds to quickly cover those unforeseen costs.

Can I Get Fast Approval In My Province?

If you’re in need of Fast Approval in any of the following provinces, we can help. Apply now!

  • Ontario
  • Alberta
  • British Columbia
  • New Brunswick
  • Nova Scotia
  • Nunavut
  • Prince Edward Island
  • Yukon

FAQs For Fast Loans

Can I get a fast personal loan if I have poor credit?

Yes- bad credit loans are our specialty! At Magical Credit, candidates are assessed on overall report of credit, not their credit score. Bankruptcy, current consumer proposal, and current loans in collections are also taken into account in the application process.

Would I pay any extra interest for a fast personal loan?

You would pay 3.9% monthly, the same interest rate as all of our bad credit loans.

Can I get approved if I’m collecting unemployment?

Yes. We accept candidates with traditional and non-traditional sources of income.

How fast is the approval process?

At Magical Credit, we do 24-hour loan approvals.

How long will it take me to pay off my fast personal loan?

You can use our short-term loan calculator to figure out your monthly fast personal loan payment schedule!


I am brand new to magicalcredit and it has been a pleasure talking to every representative. They are so polite and kind and it is great to have a number to call and get a response quickly. This is the start of a great banking/credit relationship. They have made my day and reignited my hope. Thanks magicalcredit!! Have a magical day!😁

Magical Credit is truly amazing! Their assistance has been a real lifesaver for me. The staff is incredibly friendly and supportive, and they made the entire process a breeze. I wholeheartedly recommend Magical Credit to anyone seeking financial help. They are the best!

The application is very fast easy quick it took me 10 mins to fill it out they responded to my application right away and I was approved in a matter of a couple hours. When talking to the agent she was very helpful and very clear on what they needed to approve my application. Thank you Magical Credit

Very fast and easy to get a loan I needed help and help was given right away . Very polite staff I was doubtful at first but in about 30 minutes was approved for more then I asked for. Which I can use because school shopping for more then one kid isn't cheap . I'd definitely recommend this company . Thank you so much

They made the experience easy and every person I spoke with which I think it was in total of four may have been up to 5 each one was knowledgeable more than willing to help as I am not the world's most tech person out there and even though I filled out some stuff wrong they contacted me right away to say hey we're having trouble with this can you help us out about why we're having trouble and got it sorted out within seconds just all in all a beautiful experience definitely five out of five

I had a great service! Staffs are very responsive and easy to talk to esp NATALIE! She's very nice and very professional, explained everything to me, I was approved for a loan but I needed a little more so she managed to have me approved for the amount I needed, also, It was very fast, i got the funds the next day! Thank you so much guys!

Great staff, fantastic service! Very reasonable interest rates and also flexible payment plans. Got my money promptly. These guys are simply amazing!

Use our short-term loan calculator to keep track of your fast personal loan payments!


Magical Installment Loans: We offer installment loans in the amount of $1,500- $20,000 that have a 12-60 month term with an APR 19.99% min - 46.8% max. On $1,500 borrowed for a 1 year term at 3.9% per month, the total cost of borrowing including a $194 fee is $896.00. The total amount to be paid back with interest and fee is $2,396.00. AB License #349796 and BC License #83626

NOTE: Our installment loans are open, so you can pay off your loan at any time with no penalty. You will only pay interest up to the date you pay it off.

Magical Cash Loans - Ontario, British Columbia, Northwest Territories, Nunavut, and Yukon Residents only: We offer Magical Cash Loans in the amount of $100-$1,500.00. The cost of borrowing is $15.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $150.00. The total to payback is $1,150.00 which is an annual percentage rate of 391.07%. ON License #4741412. BC License#85919.

The 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 will impact your future credit with Magical Credit Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureaus.

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