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Installment Loans in Saskatchewan

Whether you get paid to cultivate company culture, or your farm’s wheat crops, it’s hard to keep up with bill payments.

But falling behind doesn’t mean falling for credit card cash advance schemes, with their hidden fees and unreasonable surcharges. Magical Credit offers installment loans for bad credit, meaning there’s a fixed interest rate, and fixed monthly installment loan payments online. You’ll keep consistent with your budget and steer clear to sneaky surprise fees!

Our short-term, personal loan calculator, can help you calculate your loan payment schedule!

I want to borrow:

< $2000 >

How Installment Loans Online Can Work for You

Overseas TravelsThe average annual temperature in Regina is 2.6°C, which’d be fine if you were a polar bear. If you need a tropical getaway from Saskatchewan temperatures, installment loans can be your ticket to paradise!

Chiropractic ExpensesIf touch football with friends turns into full contact grid-iron because your pal thinks he’s trying out for the Roughriders, you may need money for chiropractic care. Short-term installment loans online get you money fast, so you’re ready for next week’s game.

Appliance RepairMoosomin winters and a broken heater don’t really go hand-in-hand. If you need quick cash to fix faulty appliances on a moment’s notice, apply for an installment loan from Magical Credit.

Automotive RepairWhether you drive a pick-up to work, or a tractor while you work, you can’t afford a dying engine or a malfunctioning motor. Thankfully, Magical Credit’s installment loans can help pay for any expensive malfunctions in your transportation or cultivation!

Personal Expenses If you’re about to get your knee dirty and pop the question—but three months of salary is hard to save! With Magical Credit’s simple loan repayment installments, you’ll pay on your own schedule, while making sure you propose with a ring they could never say “no” to.

FAQ - Installment Loans in Saskatchewan

I have bad credit. Can I still get a personal installment loan online?

Yes— unlike most lenders, Magical Credit specializes in bad credit loans.

Can I get Magical Credit’s installment loans for bad credit loans in Saskatoon?

Of course you can! The only places we don’t offer loans are Quebec and Manitoba.

I have a full-time job, but my annual income is low. Could I still qualify?

Magical Credit provides low income loans; all you need to qualify is a steady source of traditional or non-traditional income. Your total income simply determines the amount we can loan you.

Why shouldn’t I just go to the bank?

Banks try to sell you on other services and won’t loan to people with bad credit. On top of that, they take much longer to apply for than the 5 minutes required for an installment loan online!

What do I need to apply for an installment loan in Saskatchewan?
  • 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
If we’re paying in installments, won’t that mean the interest rate will keep piling up?

Quite the contrary, since we maintain 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!

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
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.
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.