Live in New Brunswick and Low on Cash? Apply for A Private Loan In 5 Minutes or Less!

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Skip Long Line-ups and Longer Approval Processes with Magical Credit’s Private Loans in New Brunswick!

If we could, we’d avoid banks at all costs (pun fully intended). They’re busy, stuffy, and need all of your information just to open a chequing account!

But if you want a personal, private loan without having to deal with the sky-high interest of payday loans, where else are you supposed to turn?

Consider Magical Credit’s private loans in New Brunswick!

We’re a private money lender specializing in loans for bad credit applicants in New Brunswick who aren’t eligible for bank loans. Our open loans can be paid off whenever you like without added premiums. We offer quick, 24-hour loan approval and you can apply online in as little as 5 minutes!

“I need a loan, but I’m not sure I can keep up with the loan repayment terms.” No problem. Calculate your monthly loan payment schedule with our personal loan calculator!

I want to borrow:

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

Why Get a Private Loan in New Brunswick?

  • Dental – You can’t taste your catch of the day if you don’t have the correct teeth. Yes, the dentist is expensive, but your oral health is priceless. Apply for our private loans in New Brunswick, and your low credit score won’t hurt your chompers!
  • Automotive Expenses – A road trip to Alma would be a great way to spend a holiday. And a personal loan in New Brunswick would be a great way to make sure your car is trip-ready!
  • Appliance Repair – You never appreciate kitchen appliances until you have to eat eight cans of raw ravioli. Don’t succumb to this fate. Just take out a private loan from Magical Credit to pay for an oven repair.
  • Travel – New Brunswick is small. Really small. If you’re feeling boxed in but are low on cash, Magical Credit offers bad credit, private loans in New Brunswick. Now you can afford your much-needed getaway!

Private Loan FAQs

What are private loans?

They’re loans from a private person or private institution like Magical Credit, as opposed to a chartered bank. We’re also not affiliated with any banks or financial institutions.

Will my information be secure?

Yes—your information is protected by Magical Credit’s bank-level 128-bit SSL encryption.

I live in New Brunswick and was recently discharged from bankruptcy. My credit is in the gutter – can I still be considered for a private loan from Magical Credit?

Yes, Magical Credit is a high-risk lender. As long as you receive at least $600 a month via direct deposit, we will consider you for a private bad credit loan in New Brunswick.

I’m not working at the moment. Can I still get a loan?

Yes—you may still be eligible for a private loan from Magical Credit. We accept government subsidies (e.g., EI, CPP, baby bonuses), as well as private income from pensions. As long as you receive at least $600 a month via direct deposit, Magical Credit will consider you.

How much can I borrow?

You can apply for a money loan between $500 and $10,000.

What should I have on hand for your loan application?

To apply, you need the following:

  • Bank account information
  • Proof of income
  • Valid ID
  • SIN

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.