Magical Credit can help navigate Newfoundlanders to fiscal safety when their personal finances economically capsize! We offer you a monetary life boat in the form of our lower interest personal loans—with a simple fixed monthly interest rate (3.9%), meaning no surprise fees or surcharges.
Much like the high seas of the Atlantic, our loans are open! You’re able to pay them off early without facing extra premiums like you would with a payday loan.
Our 24-hour loan approval are your monetary lighthouse when your bank account is flooded by expenses and you need money fast!
We specialize in loans for bad credit applicants, so you won’t drown in an ocean of loan rejections that further damage your credit.
Emergencies: Only pessimists plan for emergencies. The fact is, you can’t be prepared for a beluga whale diving out of the water and crushing your boat. When a personal emergency takes you by surprise, our personal bad credit loans in Newfoundland have you covered!
Day-to-day: The only thing worse than a man falling overboard, is a bank account falling into overdraft! Putting food on the table becomes a luxury, never mind standard every day expenditures like transportation. Let our personal loans right your financial ship.
Debt Consolidation: With several consumer debts, your personal life takes a hit. The stress of keeping up with multiple payments and the fear of being hounded by creditors is trying. Turn your several debts into one easy-to-pay personal loan for debt consolidation in Newfoundland!
Investments: Most expenditures are investments into your own personal growth. Whether it’s a car, a boat, a home, or a business, you’re investing into your future. If you’re low on funds and have bad credit, Magical Credit will lend to you so you can invest into yourself!
You could, but you’d get raked over the coals. While Magical Credit’s low interest, personal loans in Newfoundland offer a fixed 3.9% monthly interest rate, payday loan companies charge up to $30 for every $100 you borrow. You’ll also be charged a premium for paying a payday loan off early, whereas you can pay a Magical Credit loan off as early as you want.
No—but you can take out a larger personal loan from Magical Credit to cover your smaller debts, effectively consolidating your debt.
Our system enhances your privacy and security, and operates at 128-bit encryption- bank level security. Verisign – the highest level of online security – monitors and verifies our website.
Yes—personal loans are a great way to acquire quick cash if you don’t have a credit card.
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 6-60 month term with an interest rate ranging from 3.4%-20% per month.
Example: $1,500 borrowed for one year at 3.4% per month. Monthly payments are $199.05. Total payback with interest and fee of $194.00 is $2,388.54.
NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you pay it off.