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Do You Qualify For A Cash Loan In Nunavut?

If you’re located in the Nunavut territory in Canada, Magical Credit accepts a wide variety of income sources from the federal (Canada) and provincial (Nunavut) governments. We also accept private fixed income sources, such insurance or pension payments.

Below are some of the most common types of government income received by residents of Nunavut. Each of these types of income may qualify you to receive a cash loan of between $500 and $10,000. For additional qualifications, please read more about how our loan process works.

Government Income Sources In Nunavut

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 Nunavut government subsidy or fixed monthly income qualifies you to receive a cash loan from us, please call us at 1-877-213-2088.

Loan Example

Term
1 Year
APR
56.50%
Amount
$2,000.00
Fees
$194.00
Interest Rate (46.8%)
$936.00
Total Cost of Borrowing
$1,130.00
Total Due End of Term
$3,130.00
NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you borrow it.

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