Qualifying For A Magical Credit Loan In New Brunswick
If you’re currently a resident of New Brunswick, your federal (Canada) or provincial (New Brunswick) government income may qualify for a loan with Magical Credit. We also accept fixed private income, such as monthly payments for pension or insurance. Below are a few of the most common types of monthly government income received by residents of New Brunswick. Each of these may qualify for a cash loan, if you meet additional requirements. Based on the size of your income, you can qualify for anywhere between $1,500 and $20,000.
New Brunswick Government Income Sources That Qualify:
- Canadian Pension Plan (CPP)
- Employment Insurance (EI)
- Baby Bonus/ Canada Child Tax Benefit (CCTB)
- Universal Child Benefit (UCB)
- Old Age Security
- Employment Insurance Maternity Leave (EI)
- Workplace Safety and Insurance (WSIB)
- Private Pensions (Blue Cross, Sun Life, etc.)
Please note that this list may not include every type of government income available in New Brunswick. We accept most types of fixed government income that are received on a monthly basis. If you are unsure if your New Brunswick government subsidy or fixed monthly income qualifies you to receive a cash loan, please call us at 1-855-639-6888.
Disclosures:
Magical Installment Loans: Installment loans are available to eligible residents of Ontario and range from $1,500 to $20,000. Repayment terms range from 12 to 78 payments, with flexible payment schedules available as weekly, bi-weekly, semi-monthly, or monthly.
Example: A $5,000 loan repaid over 36 monthly installments would require payments of $300.40 per month.
NOTE: Loan amount and payment amount are subject to change upon final loan approval. Interest rate for Personal Loans is calculated at 34.86%. The Repayment amount includes optional Loan Protection Plan coverage.
Magical Cash Loans - Ontario, British Columbia, Alberta, 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 $14.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $140.00. The total to pay back is $1,140.00, which is an annual percentage rate of 365.00%. ON License #4741412. BC License#85919 AB License#358423.
The Loan must be paid in full by the end of the term, with no extensions or exceptions, and 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.
Our Family of Brands: Whether you need personal funding, business advance, or short-term cash support, our family of brands offers financial solutions designed to fit your needs.
-Magical Credit: Personal Loans and Installment Loans available through Magical Credit.
Apply Now: https://www.magicalcredit.ca
-Magical Business: Merchant Cash Advances and business funding solutions available through Magical Business.
Apply Now: https://www.magicalbusiness.ca
-Magical Cash: Payday Loans and short-term cash solutions available through Magical Cash.
Apply Now: https://www.magicalcash.ca
