Ditch the paperwork, the endless queues, and the snooty bank tellers turning their nose up at your bad credit. It’s time to enter the 21st century, and take out your cash loans online!
Magical Credit offers online loans for bad credit applicants. We use a bank standard, 128-bit SSL encryption, ensuring your private information is protected at all times. No matter where you live in PEI, you can apply for an online loan at the click of a mouse.
So, what are you waiting for? Get approved for an online loan in as little as 5 minutes!
Need an online loan in PEI? Keep up with the loan repayment terms, and calculate your monthly loan payment schedule with our short-term personal loan calculator!
Client privacy and security are our top priorities. We operate with 128-bit encryption, the same as bank-level security. Our website is also monitored and verified by Verisign, the highest level of online site security.
Our online cash loans start at $500. We loan up to $10,000.
To apply, you need the following:
Yes—Magical Credit accepts traditional and non-traditional sources of income. You must collect a minimum of $600 per month through direct deposit.
No, any documentation required is sent online.
We only offer one interest rate. It’s 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!
Earn $50 in seconds!
Participate in our referral program for cash rewards.