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.
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.