What Qualifies as a Government Subsidy?
Often when people hear the term "government income" they think of welfare and government assistance. However there are many government-funded programs that can contribute to your income, and your ability to qualify for a Magical Credit cash loan. Almost any payment that is received from government sources (provincial or federal) is included in our definition of government subsidies. This applies to everything from baby bonuses, to unemployment insurance, to old age security.
Not sure if your government income qualifies for a cash loan? Click on your province below to see a list of the most common types of government income that Magical Credit approves for cash loans.
To determine if you qualify for a cash loan, please submit an online loan application: