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It’ll Only Take 5 Minutes To Apply For A Fast, Bad Credit Loan In PEI!


Need Money Fast In PEI? Magical Credit Specializes In Fast Loans For Bad Credit Applicants!

If your credit’s in the sewer and you need money fast, payday loans aren’t your answer—you’ll be approved, but the repayment terms and interest rates are designed to keep you in debt.

You can’t go to the bank either—they won’t be impressed by your poor FICO score and low income. And application rejections will damage your credit even more!

Magical Credit cares about you. Our loans are ideal for bad credit applicants. We offer open loans, meaning you can pay off your loan as early as you like, which helps boost your credit score, improving your financial situation.

And we also care about your time. You don’t need to worry about time-wasting drives from branch-to-branch. We offer fast, online loans in PEI, and it only takes 5 minutes to fill out an application!

I want to borrow:


How Bad Credit Fast Loans In PEI Can Help When You Need Quick Cash

  • Debt consolidation- The cost of living is rising in PEI, but the average entry-level salary isn’t. It’s hard to keep up, but it’s easier than ever to find yourself in a sea of consumer debts! Turn those many debts into one, with a fast loan for debt consolidation in PEI.
  • Vacation expenses– You’re sick of seafood. So, skip Charlottetown on a whim, for a weekend full of poutine in Quebec, or a BBQ blowout in Alberta! Don’t have the cash? Take out a Magical Credit loan if you need money fast for your culinary adventure.
  • Boat repairs- Your boat is falling apart – just in time for fishing season. Don’t miss out on reeling in a steelhead at Montague River because you’re low on cash and have bad credit. Take out a bad credit fast loan in PEI, and get your boat repaired!
  • Car Repair- You prefer water over land, but you’re still a land dweller who needs to get from point A to point B. And you can’t do that with an empty bank account and a faulty carburetor. A fast loan will fix your car, making life on dryland a little more bearable.

FAQs For Fast Loans In PEI

Will fast loans cost me any extra interest?

Magical Credit’s 24-hour-loan approval applies to all of our loans, as does our 3.9% monthly interest rate.

Can I get approved if my primary income is from a government subsidy?

Yes—non-traditional sources of income, including government subsidies such as employment insurance or private incomes from insurance or pension plans, are acceptable. You only need to collect a total of $600.00 monthly via direct deposit to be considered for our fast, personal loans.

What do I need to provide for my application?

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 I need a bank account to be eligible for your personal fast loans?

Yes— you need a bank account because we direct deposit our personal fast 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!

Loan Example

1 Year
Interest Rate (46.8%)
Total Cost of Borrowing
Total Due End of Term
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.

Earn $50 in seconds!

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