Get A Personal Loan Online In 5 Minutes or Less.

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From Cape Breton to Halifax, Magical Credit Offers Online Loans in Nova Scotia!

Lineups are so 20th century!

The 21st century is all digital, which is why you can apply for loans online with Magical Credit with nothing more than a few clicks of your mouse.

There’s no long line ups or snooty bank tellers. You don’t have to move from the comfort of your home computer. If you’re worried about your credit score, Magical Credit specializes in online loans for bad credit.

Our online application is fast – you can get approved in as little as 5 minutes!

Take out a personal loan online, and keep up with the loan repayment terms, by calculating your loan payment schedule with our short term personal loan calculator!

I want to borrow:

< $2000 >
$2,000
Min
$10,000
Max

Why Get an Online Personal Loan in Nova Scotia?

  • Rent – The streets of Halifax aren’t so warm in the winter. Paying your rent in full will keep you off those streets. So, hop onto the nearest computer and take out one of our secure online loans, available in Halifax and the rest of Nova Scotia.
  • Pet Care – Your pet lobster named Pinchy deserves the best medical care possible, so go online and look up treatments for lobster ailments. If that fails, take out an online loan to pay the vet…or a marine biologist!
  • Dental Care – It’s hard to enjoy Nova Scotia’s seafood without teeth, and you could be facing a toothless future if you can’t fund that annual checkup. We get it, dental bills aren’t cheap. That’s why our online loans in Nova Scotia are easily approved.
  • Travel – You’re spoiled and bored by the waves of the Atlantic crashing down on your doorstep, and you need a vacation. Before you go onto WestJet to book your ticket, take an online stopover to Magical Credit and apply for a loan to cover your getaway!

Nova Scotia Online Loan FAQs

How secure are your online cash loans?

Very— we use bank-level, 128‐bit SSL encryption and are monitored and verified by Verisign, the leader of online site security.

What do I need to apply?

In order to apply, you need the following:

  • Be 18 years or older
  • Valid bank account
  • Proof of income
  • Valid ID
  • SIN
Do I need to be employed?

No—we accept traditional and non-traditional sources of income like government subsidies, or private income from pensions or maternity benefits. If your income (of $600.00 minimum) is directly deposited into your bank account month to month, you will be considered.

Do you offer loans to bad credit applicants?

Yes, as a high-risk lender, Magical Credit specializes in online loans for bad credit. Our decisions are not based solely off of credit score, but your overall report of credit.

What’s the interest rate for your online loans?

Our interest rate is 3.9% a month, as it is for all of our loans.

How will I receive my loan?

We direct deposit funds into your bank account.


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.