Vancouver Personal Loans.

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Need A Quick And Easy Short-Term Loan?
Magical Credit Loans Are As Simple As

We Give You the Credit You Deserve

For your best option when it comes to securing a personal loan, Magical Credit is right for you. Our team looks past whatever your credit information may be to focus on what you need right now. 

We bring households across Vancouver the help they need, from personal loans to bad credit loans, and accept government subsidies of all forms, including maternity leave, pensions, and child tax credit. Choose Magical Credit for a company that cares. 

Read more about the types of income we accept.

Magical Credit Loans Magical Credit provides loans for people with bad credit. If you need money fast, apply for Magical Credit bad credit loan and get up to $20,000! 2024-02-28 PT1M01S

Qualify for a Short-Term Personal Loan Online

Residents of Vancouver can easily secure their personal loans with Magical Credit. We bring you a quick approval process for cash loans, along with an even quicker application process. Receive your loan in as short a time as one business day, deposited right into your bank account for your convenience.

Why Magical Credit Loans?

Canada’s Personal Loan Leader

Magical Credit helps you build a stronger future with access to reliable personal loans.

Easy Online Loan Application

Our quick and easy application process lets you save valuable time out of your busy day. All we need is some basic details before we take care of the rest.

Super-Fast Loan Approval

Get your personal loan approved as quickly as possible as we deposit your funds directly into your bank account within 24 hours of application.

Responsible Lending

Our first step is to decide whether or not your application can be approved to ensure you can secure your loan quickly and easily. Once approved, you can be sure of the fact that we have faith in your ability to deliver on your commitment.

We Make Repayment Simple

With our reliable system, your repayment schedule will be smooth and seamless without any surprises.

Your Privacy Matters

We make sure to keep all your private information 100% secure with our reliable online services.

over 5,000
4 out of 5 stars
customer rating
4.16 out of 5
customers would recommend to their friends
secure process

How Our Personal Loans Work

Our approach to lending at Magical Credit is streamlined, offering you a simple monthly repayment calendar as you start your loan process. If your borrowing amount, along with your repayment term, is low enough, applying online from a computer or mobile device is easy. 

Once we evaluate your credit history and income, we will get back to you about your approval status for your personal loan within just 24 hours. 

After approval, you can get your cash almost instantly and begin relying on our simple monthly repayment calendar to start making payments.

Our Vancouver Personal Loans Open Up Possibilities

All it takes is a small personal loan to open the door to a brighter future.

  • Handle unexpected expenses: Medical emergencies or failing equipment are only a handful of the kinds of disasters impossible to predict. Stay secure in knowing that your personal loan means you have access to cash on hand you may need to handle anything that comes your way. 

  • Boost your credit rating: Repaying your loans is the best way to start boosting your credit rating. Our easy repayment calendar can help you get started today. 

  • Upgrade your education: Stand out to employers as a better candidate when you use your new personal loan to take a college course or master a trade.  

  • Buy a car (or repair the one you’ve got): It can be tough to keep employment without a car. Start saving for a down payment with your new personal loan. 

Where the Magic Happens

Although our head office is located in the GTA, we provide bad credit loans almost everywhere in Canada! If you live in one of the following provinces and territories, then get ready to learn why Magical Credit is the Canadian bad credit loan leader:

  • Ontario
  • Alberta
  • British Columbia
  • New Brunswick
  • Newfoundland
  • Nova Scotia
  • Nunavut
  • Prince Edward Island
  • Yukon

We Lend Responsibly in Vancouver

We at Magical Credit are here to help you make your finances easier to manage as Canadian lenders specializing in personal loans. We comply strictly with all of Canada’s federal and provincial lending regulations, and we are dedicated to offering loans to those who have been approved and can meet repayment obligations. 

Magical Credit can make your process as easy as possible in Vancouver. 

About Vancouver 

In the lower mainland of British Columbia, Vancouver houses just over 600,000 residents, making it the most populated city in the province. With many indigenous settlements, Vancouver is one of the country’s most diverse and livable cities, with a strong focus on building a greener future. The city is home to many international organizations and events, and the Port of Vancouver stands as the largest port in Canada. 

With such a fast-paced and diverse lifestyle, the city of Vancouver has residents that depend on it for easy access to personal loans and financial security. There are a number of major banks in the area, including TD Canada Trust, RBC Royal Bank, and Vancity, along with others such as Coast Capital Savings and BlueShore Financial. For residents of Vancouver, Magical Credit is here to provide the financial security you need. 

Lending Money 7 Days / Week in Vancouver, ON 


Magical Installment Loans: We offer installment loans in the amount of $1,500- $20,000 that have a 12-60 month term with an APR 19.99% min - 46.8% max. On $1,500 borrowed for a 1 year term at 3.9% per month, the total cost of borrowing including a $194 fee is $896.00. The total amount to be paid back with interest and fee is $2,396.00. AB License #349796 and BC License #83626

NOTE: Our installment loans are open, so 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.

Magical Cash Loans - Ontario, British Columbia, Northwest Territories, Nunavut, and Yukon Residents only: We offer Magical Cash Loans in the amount of $100-$1,500.00. The cost of borrowing is $15.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $150.00. The total to payback is $1,150.00 which is an annual percentage rate of 391.07%. ON License #4741412. BC License#85919.

The 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 will impact your future credit with Magical Credit Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureaus.

1376 people applied for a loan with us in the last 7 days
167 people applied for a loan with us in the last 24 hours