Get money faster than a Connor McDavid wrist shot with Magical Credit’s fast loans in Alberta!

Apply Now

Speed is the name of the game for Magical Credit’s Fast Loans

Going to the bank for a loan means long queues, twiddling thumbs, and being at the mercy of stuffy “financial experts”. You’ll get the bum’s rush for any blemish in your credit score, or if your income isn’t up to their standards. It means headaches and wasted time – which we’re told is more valuable than money.

Magical Credit’s fast, online loans in Alberta only requires 5 minutes to fill out an application, meaning day-long trips to the bank. We also specialize in bad credit loans with a 3.9% fixed monthly interest rate, so you won’t get ambushed like you might with payday loans!

Quickly plot out your fast loan repayment schedule with our short-term loan calculator!

I want to borrow:

< $2000 >
$500
Min
$10,000
Max

Our Direct Deposit Fast Loans Can Bail You Out When You Need Quick Cash

  • Consolidate Your Debt – There’s nothing worse than a debt list that could cover the distance between Banff to Calgary. Put your focus on one easy-to-pay-off fast loan from Magical Credit.
  • Chiropractic Bills – You figured you’d try your hand at bull-riding, fulfilling your dream to compete at the Stampede. Your steed had other plans – a fast loan can cover those costly back adjustments as quickly as you were bucked off of that bronco!
  • Auto Repair – A busted Chevy on Highway 2 or a malfunctioned John Deer on a Banff farm means you need money fast. Vehicles are essential to our livelihood – fast loans in Alberta can take care of quick cash needs, so you can take care of your business.
  • Pay Your Rent – Landlords aren’t known to be the understanding type. They want their money, and they want it fast. If it’s time to pony up for rent, and you’re low on cash, instant cash loans from Magical Credit have one-day loan approval!

FAQs for Fast Loans in Alberta

Can I get Magical Credit’s fast loans in Edmonton?

Yes—you’re able to apply for online loans in Edmonton, Calgary, Okotoks, Banff, or anywhere else in Alberta! Quebec and Manitoba are the only places you can’t get a Magical Credit fast loan.

There’s no extra charges for fast personal loans, right?

No— the 3.9% monthly interest is a fixed interest rate for all Magical Credit loans, as well as our instant, 24-hour loan approval!

Can I get approved if I’m not working, but I’m collecting EI?

Yes— we approve candidates with non-traditional sources of income.

What documentations are required for a fast loan?

We only ask for essential information. All you need is:

  • Social Insurance Number
  • Option 1: Read-only access to your bank statements through Instant Verification.
  • Option 2: Upload your Bank Statements.
  • Proof of Income
  • ID
Do you offer fast cash loans to candidates without bank accounts?

No—all of our loans are done through direct deposit, which is cash in your bank account.


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.