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Need Quick Cash In Alberta? Apply For A Loan Online In 5 Minutes Or Less


Apply For An Online Loan In Alberta

You need quick cash in Alberta. So, you take out your quill, ink, and parchment paper, and write a delicately hand-written application, monogram and all. You then place it in the trusty talons of your carrier pigeon to bring to the nearest bank, several leagues away.

Wait just a second – isn’t it the 21st century? Just get a loan online with Magical Credit!

You can apply from the comfort of your home computer! No banks, no traffic, no worrying about hazardous deaths to your carrier pigeon and – best of all – the funds are deposited directly into your bank account. You also need not fret over poor credit, because Magical Credit specializes in online loans for bad credit.

Being online personal lenders means Magical Credit’s top priority is your privacy and security. We use 128-bit SSL encryption, a bank-standard, in all information-sensitive communications. We are also monitored by Verisign – industry experts in internet security.

The application is so catered to your needs, so you can get approved for an online loan in Alberta in as little as 5 minutes!

Want to apply for a personal loan online, but you’re worried about the loan repayment terms? Calculate your monthly loan payment schedule with our short term personal loan calculator!

I want to borrow:


Why Get An Online Personal Loan In Alberta?

  • Telecom Bills – Think you don’t need WiFi on the farms of Medicine Hat? How else can you access the cattle-ranching advice forum? These bills don’t come cheap, but telecom is a necessity, and you can use your WiFi to apply for an online loan.
  • Rent – “Rent is free this month” – said no landlord ever. You may be a little light in the bank account when it’s time to square up, so apply for an online loan, and you won’t have to spend nights on the streets of Edmonton.
  • Pet Care – You don’t want to have to put your stallion out to pasture just yet. His stride is still graceful after all these years. But fueling his powerful frame requires some powerful cash, of which an online personal loan from Magical Credit can provide.
  • Travel – Okay, we admit it! The prairies are flat. Sometimes you need a getaway to a place with a hill or two. If you don’t have the money readily available, but you’re ready for some much-needed R&R, apply for an online loan with Magical Credit.

Alberta Online Loan FAQs

What’s required in order to apply?

You’ll need the following:

  • To be at least 18 years of age
  • Valid bank account for direct deposit
  • Valid proof of fixed income
  • Valid ID
  • Social Insurance Number
Am I still eligible for an online loan if I’m unemployed?

Yes – Magical Credit accepts traditional and non-traditional sources of income for online loans in Alberta. Included are: government subsidies applicable to your province, and private income from pensions or maternity benefits.  If the income is direct deposited into your bank account on at least a monthly basis, you’ll be considered for a Magical Credit online loan.

What if I have bad credit? Can I still be eligible for an online loan?

Yes, because we specialize in online loans for bad credit. Our decisions are not based solely off of credit score, but on your overall credit report.

What is the minimum income I need to qualify for a short-term loan in Alberta?

$600.00 a month via direct deposit is the minimum requirement to be considered.

Is there a monthly interest rate for your online personal loans?

Yes – 3.9% a month.

Do you offer next day loans?

Yes, personal loans online can be approved in as little as 5 minutes, with the funds in your account by the very next day.

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.

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