Please be aware Magical Credit will not request you to send any upfront fees in order to get a loan from us. If you are contacted by anyone requesting this by email, text or phone, please call us immediately at 1-877-213-2088.

What Kind of Cash Loan Do You Qualify For?

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.

Short Term Loans For Those Who Are Employed

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.

Learn more about Magical Credit's short term loan requirements.

Short Term Loans For Those Who Receive Government Subsidies

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.

For more information about our cash loans, read how it works, and check our FAQs. To calculate your monthly loan payment schedule, try our short-term, personal loan calculator. If you still have questions, please feel free to contact us. We typically respond to all inquiries within 1 business day.