From Sydney to Halifax, Magical Credit’s Bad Credit Installment Loans are available throughout Nova Scotia. Apply Today!

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Personal Installment Loans in Nova Scotia

You’re a few paycheques away from being financially comfortable, but you can only tell creditors “almost” so many times. Banks will poo-poo your poor credit, and good luck getting approved for a new credit card!

Sail away from your debt with Magical Credit’s bad credit installment loans in Nova Scotia. Fixed, affordable installment payments give you the necessary financial breathing room, until your next few paycheques steadies the ship.

Let our short-term, personal loan calculator calculate your fixed installment loan repayment terms, so you’ll stick to your budget.

I want to borrow:

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

Bad Credit Installment Loans in Nova Scotia Can Help With:

Transportation Repair – Be it the highway or the high seas, your transportation needs to function so you can get from point A to point B. Whether it’s a busted boat motor or a crapped-out carburetor, an installment loan can cover the costs!

Vacations – Home is making you sea sick. You need some time away, so you can feel homesick. Don’t have the cash for a getaway? Take out an installment loan in Nova Scotia to pay for your ticket.

Job Interview – Once you’re hired onto a new team, you won’t have to worry about taking out loans to fix your bad credit. But you need to ace the interview first, and a sleek new outfit covered by a Magical Credit loan will ensure you look the part for a higher-paying gig!

Debt Consolidation – Paying for rent, paying off bills, financing a car…that’s not even a third of your debts you’ll run into while living in Halifax. Turn those many debts into one, easy to pay bill, with a bad credit loan for debt consolidation in Halifax.

Installment Personal Loans in Nova Scotia - FAQs

Why bother with fixed installment loan from Magical Credit?
  • Fixed interest rates mean predictable monthly payments (Ours is 3.9% monthly)
  • We don’t hit you with surcharges or hidden fees
  • Affordable monthly payments
  • Instant approval process
My credit is really poor, could I still be eligible?

Yes— we actually specialize in bad credit loans and weigh the overall reports of credit, not the credit scores of our applicants.

Am I eligible for one of your installment loans if I’m bankrupt or have defaulted on a payday loan?

No—you can get a loan if your bankruptcy has been discharged, but we will not loan to anyone who has previously defaulted on a loan.

Am I eligible Magical Credit’s bad credit, installment loans if I live in Halifax?

You can apply online anywhere in Canada, other than Manitoba and Quebec!

Can’t I just apply for a payday loan?

Payday loans will rake you over the coals, charging you $30 per $100 borrowed. Magical Credit only charges 3.9% interest 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!

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.