To better serve customers, Magical Credit offers cash loans to people who are employed, in addition to providing cash loans to people who currently receive government subsidies.
To qualify for a short term loan from Magical Credit, you must be employed for a period of 6 months. We lend between $500 and $10,000 depending on your current income. If you are employed and receiving a short term loans, you can choose between a loan period of 12 months or 24 months.
To qualify for a government subsidy loan from Magical Credit, you must receive an applicable government subsidy in your province. This includes unemployment, pension, baby bonuses and many other subsidies. We lend between $500 and $10,000 depending on how much fixed income you receive. All government subsidy loans have a set period of 12 months.
Click on your province below to see a list of the most common types of income that Magical Credit approves for loans.
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