Magical Credit isn’t like your local bank. We’re a high-risk lender, specializing in short-term loans for bad credit applicants collecting non-traditional sources of income.
Since we provide open loans, you’ll be paying interest to date—not for the full term. And unlike payday loans, there are NO extra fees for paying your loan off early.
Since we know that time’s a factor, you can apply online for our short-term loans in as little as 5 minutes!
Not sure you can keep up with the repayment terms for our short-term loans? Plan your monthly loan payment schedule with our short term personal loan calculator!
Yes—Magical Credit is a high-risk lender in Nova Scotia, specializing in loans for bad credit applicants! We don’t weigh your credit score as much as we weigh your overall report of credit.
Yes—we accept traditional and non-traditional forms of income (EI, Child Tax, Government Subsidies, etc.). As long as you’re collecting $600.00 per month via direct deposit, you may be eligible.
To apply, you need the following:
No, we only offer our fast and easy loans online, so you can just upload everything to our site.
Once your short-term loan gets approval, your funds are deposited directly 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!
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