How it works
What is Magical Cash?
Fast Cash When You Need It Most
Magical Cash is a quick and convenient online loan solution brought to you by Magical Credit, designed to help you manage unexpected expenses with ease. Whether you need to cover an emergency bill, handle an unforeseen expense, or simply need a financial boost before your next paycheck, Magical Cash provides fast and reliable access to the funds you need.
How Magical Cash Works
Experience the ease and efficiency of applying for a short-term loan with Magical Cash, a product of Magical Credit
Step 1: Easy Application
Start by filling out our easy online application with just a few clicks. Provide basic personal and financial information to get started.
Step 2: Quick Approval
After submitting your application, receive a quick approval by email. No credit check needed.
Step 3: Fast Funding
Once approved, your funds are deposited directly into your bank account. Enjoy access to your money within 24 hours, ready to cover any immediate expenses.
Step 1: Easy Application
Start by filling out our easy online application with just a few clicks. Provide basic personal and financial information to get started.
Step 2: Quick Approval
After submitting your application, receive a quick approval by email. No credit check needed.
Step 3: Fast Funding
Once approved, your funds are deposited directly into your bank account. Enjoy access to your money within 24 hours, ready to cover any immediate expenses.
Who can apply?
To qualify for our online loans, you must meet the following criteria
- Be a Canadian citizen or a Permanent Resident
- Have a Canadian bank account open for at least three months
- Receive employment income, unemployment insurance payments, WSIB or private pension
- Earn a monthly income of at least $2,000 by direct deposit or cheque
- Reside in Ontario, British Columbia, Nunavut, Yukon and the Northwest Territories
How much can I get?
You can borrow anywhere from $100 to $1,500 with our quick and easy short-term online loans.
Need more? Our parent company, Magical Credit, offers higher loan amounts to meet all your financial needs. Apply now and get the funds you need fast, with the flexibility you deserve!
How do I repay the loan?
Repayment is simple, the loan amount plus fees are automatically deducted from your bank account on the due date.
Need more time? Contact our support team for flexible extension options.
Can I get a re-loan?
Definitely! After you’ve paid off your existing loan, you can apply for a new one. We’re here to support you with fast, hassle-free reloan options. Re-apply today and keep enjoying the benefits of our convenient service!
Have more questions? Visit our FAQs page
Why Choose Us?
Our online loan service is designed with you in mind. Here’s why you should choose us:
-
No Credit Check Needed:
Get approved without impacting your credit score -
Transparent Terms:
Clear, upfront terms with no hidden fees -
Fast and Secure Processing:
Enjoy quick approval and secure transactions -
Friendly Customer Support:
Our team is here to help you every step of the way -
Backed by Magical Credit:
Benefit from the trust and reliability of Magical Credit, a leading name in personal loans in Canada
Your Security Matters
We prioritize your security and privacy. Our site uses top-level encryption to protect your personal and financial information. You can apply with confidence knowing your data is safe with us.
