Gentusvile Lending

Need A Quick And Easy Short-Term Loan?

Magical Credit Loans Are As Simple As

I want to borrow:

$100 $20,000

$100

You pay $114.00 — one time payment

Need A Loan Sorted Today?

Bad Credit? Poor Credit? No Credit? Everyone is Approved

$30,000 - $40,000

We Give You the Credit You Deserve

Banks can be very stingy with their funds – fortunately, there are alternatives for bad credit personal loans in Canada. At Magical Credit, we look beyond your credit history to determine if you qualify for a cash loan. Do you have poor credit or a non-traditional source of income? That’s okay. Magical Credit provides bad credit loans to low-income households. We accept government subsidies such as unemployment insurance, workers comp, maternity leave, child tax credit, and pensions, among others. We’re here for you even if Canada’s banks don’t fit your needs.

Read more about the types of income we accept.

We Give You the Credit You Deserve

Banks can be very stingy with their funds – fortunately, there are alternatives for bad credit personal loans in Canada. At Magical Credit, we look beyond your credit history to determine if you qualify for a cash loan. Do you have poor credit or a non-traditional source of income? That’s okay. Magical Credit provides bad credit loans to low-income households. We accept government subsidies such as unemployment insurance, workers comp, maternity leave, child tax credit, and pensions, among others. We’re here for you even if Canada’s banks don’t fit your needs.

Read more about the types of income we accept.

Canada’s Bad Credit Loan Leader

Bad credit can bring your plans to a grinding halt. We’re not here to judge your past, we’re here to help you build your future.

Canada’s Bad Credit Loan Leader

Bad credit can bring your plans to a grinding halt. We’re not here to judge your past, we’re here to help you build your future.

Canada’s Bad Credit Loan Leader

Bad credit can bring your plans to a grinding halt. We’re not here to judge your past, we’re here to help you build your future.

Canada’s Bad Credit Loan Leader

Bad credit can bring your plans to a grinding halt. We’re not here to judge your past, we’re here to help you build your future.

Canada’s Bad Credit Loan Leader

Bad credit can bring your plans to a grinding halt. We’re not here to judge your past, we’re here to help you build your future.

Canada’s Bad Credit Loan Leader

Bad credit can bring your plans to a grinding halt. We’re not here to judge your past, we’re here to help you build your future.

Our Approval
Rates are Among
the Best in Canada!

★★★★★

Magical Credit is truly amazing! Their assistance has been a real lifesaver for me. The staff is incredibly friendly and supportive, and they made the entire process a breeze. I wholeheartedly recommend Magical Credit to anyone seeking financial help. They are the best!

Vladimir E.

Frequently Asked Questions

Please review the most common questions that our clients are often interested in.

I am looking for a personal loan

over 10,000

Customers

over 10,000

Customers

over 10,000

Customers

over 10,000

Customers

over 10,000

Customers

How Our Bad Credit Loans Work

Bad Credit Loans – loans provided to people with poor or no credit history. These loans have higher rates than ordinary personal loans, but are still cheaper than credit cards.

Magical Credit’s approach to lending can be summed up in one word: streamlined. All you have to do to start the loan process is check out our simple monthly repayment calculator. Enter the amount you wish to borrow and your repayment term: If the number’s low enough for you, you can apply online from any computer or mobile device.

Our Loans Open Up Possibilities

Sometimes a small bad credit loan is all you need to open the door to a brighter future.

Handle unexpected expenses: You can’t always plan for when disaster strikes, be it failing appliances or a medical emergency. Rest easy knowing your loan means you have cash in hand to deal with it.
Handle unexpected expenses: You can’t always plan for when disaster strikes, be it failing appliances or a medical emergency. Rest easy knowing your loan means you have cash in hand to deal with it.
Handle unexpected expenses: You can’t always plan for when disaster strikes, be it failing appliances or a medical emergency. Rest easy knowing your loan means you have cash in hand to deal with it.
Handle unexpected expenses: You can’t always plan for when disaster strikes, be it failing appliances or a medical emergency. Rest easy knowing your loan means you have cash in hand to deal with it.

Where the Magic Happens

Although our head office is located in the GTA, we provide bad credit loans almost everywhere in Canada! If you live in one of the following provinces and territories, then get ready to learn why Magical Credit is the Canadian bad credit loan leader:

Ontario
British Columbia

Northwest Territories
Nunavut

Yukon

CREDIT REPAIR AT LESS OF A COST

CREDIT REPAIR AT LESS OF A COST

With the help of Magical Credit’s flexible short term personal loans, start repairing your credit today. By applying for a comprehensive loan, we provide you with the best rates in the industry to help you pay off your high-interest debt.

Comparison Table

	MagicalCredit	Standard Personal Lenders	Big Banks
24 Hour Fund Direct Deposit
5 Minute Application
No Collateral Needed
Fixed Interest Rates
TransUnion and Equifax Partnered
CLA Certified
NO Repayment Penalty
Bad Credit Loans
Non-Traditional Income Accepted
100% Privacy Guaranteed
Canada-Wide (excluding QC, MB, SK)
Intuitive Loan Calculator
Available 24/7

We Lend Responsibly

If you have bad credit, there’s a good chance part of it is due to your making some commitments you didn’t have the financial means to honour. Despite being a firm specializing in bad credit loans, we consider it part of our responsibility as a Canadian lender to make sure we’re not adding to the burden of our applicants. We are compliant with Canada’s provincial and federal regulations concerning lending, and we do our due diligence to make sure every loan we approve goes to someone we are confident can successfully meet their repayment obligations. Our main goal is to help make life a little easier for you.

We Lend Responsibly

If you have bad credit, there’s a good chance part of it is due to your making some commitments you didn’t have the financial means to honour. Despite being a firm specializing in bad credit loans, we consider it part of our responsibility as a Canadian lender to make sure we’re not adding to the burden of our applicants. We are compliant with Canada’s provincial and federal regulations concerning lending, and we do our due diligence to make sure every loan we approve goes to someone we are confident can successfully meet their repayment obligations. Our main goal is to help make life a little easier for you.

Disclosures:

Magical Installment Loans: We offer installment loans in the amount of $1,500- $20,000 that have a 12-60 month term with an APR of 19.99% min – 35% max. On $1,500 borrowed for a 1-year term at 2.9% per month, the total cost of borrowing is $525.00. The total amount to be paid back with interest is $2,025.00. AB License #349796 and BC License #83626

NOTE: Our installment loans are open, so 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.

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 payback 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.

Securing your loan: the 3 steps

Provide the required details

Complete our form now for an instant response!

Get your loan agreement

Once your application is approved, we’ll send you a loan agreement. Simply sign and return it to receive your funds.

Get your funds

Our network of private lenders transfers funds directly to your bank account, ensuring immediate availability.

This is a short-term loan, repayable on your next payday.

Securing your loan: the 3 steps

Personal Financing

Are you in need of personal loans and financing. Our personal financing option allows to you get loans for personal loans. No matter your credit we can find you a loan for you .

Business Financing

Are you looking for business loans and financing options? Our business financing program allows you to take loans for business purposes. Whether it is for business expansion, equipment purchase, or advertising expense we can lend you.

Mortgage Financing

Are you looking for loans for your house? We will find you partners who offer mortgage products with the most competitive rates and terms in the country. We can assist you residential or commercial loans.

Bad Credit Financing

Are you looking for loan or financing with bad credit? Whether you have good credit or bad credit, we have solutions for you. Speak with a Motilgo Lending specialist to get started on your loan today.

How to Avail our Services?

Simple Application Process

Application Review

Accepting the Agreement and Terms & Conditions

Disbursal of Loan

Are you looking for prompt and reliable loan provider?