Whether you’re in St. John’s, Labrador City, or Mount Pearl, a personal installment loan from Magical Credit can help you keep up with the rising costs of living in Newfoundland.
Our installment loans have a fixed monthly interest rate of 3.9%, so you won’t be financially blindsided and you can plan your budget accordingly!
Our short-term, personal loan calculator schedules your installment loan payments, so you’ll stick to your budget.
Auto Repair – You may spend a lot of time on your boat, but you still need your car to get around on dry land. If your sputtering engine has you worried, but you’re low on funds, take out an installment loan from Magical Credit to cover the auto repair costs.
Vacations – You’ve sailed every shore, eaten every piece of sea food, and drank at every pub Newfoundland has to offer. It’s time to explore somewhere else. Low on funds? Magical Credit’s simple installment payments will make your exotic getaway easy to pay off!
Job Interview – The fish stopped biting, so you’re transitioning from the shark filled waters to the corporate shark tank. If you need some extra cash to dress the part, an installment loan will have you looking like the captain of industry you aspire to be!
Debt Consolidation – A litany of consumer debts will drive you to the madhouse. Take out a Magical Credit loan for debt consolidation and Newfoundland, so you’ll only have to focus on one easy-to-track, monthly installment payment.
Yes—we’re a high-risk lender. We specialize in loans for bad credit applicants and low-income households. We don’t weigh our loan candidates based on their credit score – we look at factors such as overall report of credit, discharged or current bankruptcies, and loan repayment history.
Yes, we offer loans anywhere between $500-$10,000!
You can apply online anywhere in Canada, other than Manitoba and Quebec!
By taking out a payday loan, you could be taking on an interest rate of $30 per $100 borrowed. Magical Credit only charges a fixed interest rate of 3.9% monthly.
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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