You need cash now, but the Big 5 Banks won’t give you the time of day because of your credit score?
That’s no surprise, because banks aren’t flexible at all. They have strict income requirements, fixed terms, and will charge you penalties for the smallest oversight.
You don’t want to be locked into a bank contract. Instead, get a flexible short term loan from Magical Credit. We offer short term bad credit loans which are perfect for all the little expenses that pop up in life. Our loans are open – meaning you only pay interest to date, and not the full term. You can pay off your loan at any time with no penalty.
Apply now for up to $10,000, and be approved in as little as 5 minutes!
Need cash now, 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 have 12-24 month terms.
Interest is 3.9% a month.
We offer small loans starting at $500 and larger loans worth up to $10,000.
Yes, we offer short term loans for bad credit. Credit scores aren’t the be all and end all. Our main requirement is that you receive $600 a month via direct deposit.
You do not need to be working to receive a short term loan from Magical Credit. We accept government subsidies (e.g. EI, CPP, baby bonuses) as well as income from pensions or maternity benefits. If you receive direct deposits to your bank account on a monthly basis, we will consider you.
If you receive $600 a month via direct deposit, you may qualify for a short term loan.
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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