Many banks’ loan application processes are ripe with roadblocks. By the time they’re done rejecting you, you’ll be left with a lower credit score, and a higher blood pressure than when you walked in.
Magical Credit is a private loan company that gives bad credit applicants a chance. When you’re strapped for cash, don’t waste time at the bank! Instead, visit Magical Credit, and apply online for a bad credit loan in PEI!
A private loan is provided by a private lender or institution instead of a bank. They are faster, easier, and more accommodating than bank loans.
Yes! As high-risk lenders, our loans are best suited for bad credit applicants, because your eligibility isn’t entirely based on your credit score.
Absolutely. Our private loans are available anywhere in Canada, except Manitoba and Quebec.
Our minimum income requirement is $600/month via direct deposit into your bank account, whether it’s by means of an employer, or a non-traditional source such as a government subsidy.
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!
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