Do You Qualify For A Cash Loan In Nova Scotia?

If you’re located in Nova Scotia, Magical Credit accepts a wide variety of income sources from the federal (Canada) and provincial (Nova Scotia) governments. We also accept private sources, such fixed income from insurance or pension companies. Below is a list of the most common types of government income received by residents of Nova Scotia. Each of these types of income may qualify you to receive a cash loan of $1,500 to $20,000.

Sources Of Nova Scotia Government Income

  • Nova Scotia Child Benefit (NSCB)
  • Old Age Security (OAS)
  • Workplace Safety and Insurance (WSIB)
  • Private Pensions (Blue Cross, Sun Life, etc.)

Please note that this list is not comprehensive. We accept most types of fixed government income that are received on a monthly basis. If you are unsure if your Nova Scotia government subsidy or fixed monthly income qualifies you to receive a cash loan from us, please call us at 1-855-639-6888.

Our loans are considered short-term loans and have a 12-60 month term with a fixed interest rate of 3.9% per month.

Example: $1,500 borrowed for one year at 3.9% per month. Monthly payments are $199.05. Total payback with interest and fee of $194.00 is $2,388.54.

NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you pay it off.

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