Don’t Be Fooled by These Financial Falsehoods
by Kevin Silver
April Fools is a terrifying day filled of trolling and treachery. Read More
Magical Credit Blog
Subscribe and get the latest news, promotions and updates from Magical Credit.
Three Totally Rad (Re: Cheap) Ways to Spend Your Spring Break
by Kevin Silver
Load up your suitcases with Jack Daniels and put on your game face, because spring break is on the loom. Read More
How Magical Credit Saved Christmas
by Kevin Silver
If you’ve told your children the tales of Ebenezer Scrooge and The Grinch countless times, we’ve got a new holiday saga to share with a round of hot chocolate: How Magical Credit Saved Christmas. Read More
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 19.99% min - 46.8% max. On $1,500 borrowed for a 1 year term at 3.9% per month, the total cost of borrowing including a $194 fee is $896.00. The total amount to be paid back with interest and fee is $2,396.00. 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, 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 $15.00 per $100.00 for each $100.00 borrowed. On a $1,000.00 loan for 14 days, the cost of borrowing is $150.00. The total to payback is $1,150.00 which is an annual percentage rate of 391.07%. ON License #4741412. BC License#85919.
The Loan must be paid in full by the end of term, no extensions or exceptions, 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.
