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Fast Loans in Nunavut

Life comes at you fast, and when bad luck strikes, strike back with a fast loan from Magical Credit. We’re here when you need fast loans now, from Baffin Island to Ellesmere Island.

Neither bad credit history nor a past bankruptcy will slow you down when you’re seeking fast loans for bad credit loan from us. Take your marks, get set, and apply for a fast loan now!

Need a fast 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!

I want to borrow:

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

Why You Might Need a Fast Loan

  • A New Dog Sled – You and your team getting ready to take on the Quest Race? Your pups are raring to go, so get yourself a new sled as race-ready as they are with the help of a fast loan now.
  • Buy a new boat – Is your current boat looking more like a shipwreck? Don’t go down with the ship! A fast loan can secure you a spiffy new ship for all occasions.
  • Refuel – Running out of diesel is no joke in Nunavut, especially in the winter. If tough times hit or your supply runs out faster than you thought, you can’t afford to wait for payday to refuel.
  • Jump on an Unexpected Opportunity – Still kicking yourself for not buying your nerdy cousin’s Bitcoin in 2016? Next time opportunity knocks, don’t turn it down because you can’t afford the cost of doing business. Taking out a fast loan will let you spend money to make money.

Fast Loans FAQs

I applied an hour ago. How long does it take to get an email confirmation?

Once you submit your application for a fast loan in Nunavut, a representative will get back to you within a maximum of 24 business hours.

Is it guaranteed approval?

We do not guarantee approval for emergency cash advances, seeing as every case is different – but that doesn’t mean you’re ineligible for a fast loan with bad credit.

We accept working income, as well as government subsidies, as long as you are receiving a minimum of $600.00 a month in addition to direct deposit income. A denial would be the result of current consumer proposal default on loans, loans in collections, or current bankruptcy.

I live in Nunavut, can I still get an easy approval loan?

Yes – the only provinces we do not lend to are Quebec. Manitoba, and Saskatchewan.


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.