When you have bad credit and need money fast, the bank isn’t sympathetic to your cause.
You’ll be wasting time driving from branch-to-branch, and when you finally get there, spending countless hours waiting in queues. And your less than stellar credit score means you’ve invested your time into a surefire loan rejection.
Worst of all? You credit takes a hit every time your loan application isn’t approved.
Magical Credit cares about your time, and provides fast, online loans for bad credit and low- income applicants.
If you want to talk about fast, it only takes 5 minutes to fill out an application!
Magical Credit’s 24-hour-loan approval applies to all of our loans. So, our 3.9% monthly interest is a company-wide, fixed interest rate.
Yes— we approve candidates with traditional and non-traditional sources of income, including government subsidies, such as employment insurance or private incomes from insurance or pension plans. You only need to collect a total of $600.00 monthly via direct deposit to be considered for our fast loans in Newfoundland!
We only ask for essential information. All you need is:
Yes— you don’t need a credit card to apply for our loans, but you do need a bank account for us to direct deposit our loans.
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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