MAGICAL CREDIT OFFERS SOLUTIONS TO FAMILIES WITH BAD CREDIT DURING THE PANDEMIC


Posted January 29, 2021 by Seologist

As the pandemic continues, more families find themselves in need of cash to manage basic expenses or to deal with emergencies. Magical Credit is continuing to accept applications for those who do not qualify elsewhere.

(Toronto, ON, February 2021) As the pandemic continues, more families find themselves in need of cash to manage basic expenses or to deal with emergencies. Those with less than perfect credit may not be able to receive financing through traditional channels. Magical Credit is continuing to accept applications for those who do not qualify elsewhere.

 

Magical Credit bases decisions on bad credit loans on the applicant’s fixed income. Many sources are considered valid forms of income, including different types of federal and provincial assistance like government subsidies. Individuals that received fixed benefits from pensions or child tax benefits are also eligible to apply.

 

Fast loans are a staple of what the company has to offer. This comes in handy with emergency loans as well as other types of financing. By making the application process simple and straightforward, it’s possible to process applications quickly and provide responses without delays.

 

Magical Credit offers financing that can be used for any purpose. Emergency loans that make it possible to cover the cost of auto repairs or replacing a major appliance are readily available. A short term loan that allows the household to manage expenses until the next pay period are also on hand. There are even unemployment loans for those who are receiving benefits while seeking a return to full employment status.

 

Applicants are invited to apply no matter what the need may be. Along with the above, the money from one of Magical Credit’s Ontario loans may be used to pay for medical debt above and beyond what federal and provincial health coverage settles. Loan proceeds may be used to settle legal debt, including attorney fees. Dental expenses and child care costs may also be covered with the money received from a loan.

 

People who have been turned away from traditional banks and other types of lenders are invited to visit Magical Credit’s website and look over the information about qualifications and the application process. Visit the Knowledge Centre to learn more about how to make the most of loan proceeds or tips on how to determine which type of loan is best. Readers will also find suggestions of what types of documentation to collect before beginning the application process. There are also helps in place that make the process for submitting and checking the status of an application easier to understand.

 

About Magical Credit: Based in Toronto, Magical Credit opened its doors in 2014 as a lender specializing in extending loans to people with lower credit scores and lower incomes. Nominated for a prominent FinTech Award in recognition of the innovative online application system employed by the institution, Magical Credit is positioned to provide lending opportunities for persons who do not qualify for more traditional loans. The company’s original motto of “Everyone deserves the opportunity to get a loan when they need it.” remains the guiding light for the services offered, just as co-founders Mark Joseph and Natalie Bell intended.

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Contact Email [email protected]
Issued By Magical Credit
Website Bad Credit Loans
Phone 1-844-521-2088
Business Address 970 Lawrence Ave W #402, Toronto, ON
Country Canada
Categories Business , Finance , Loans
Tags bad credit loans , Ontario loans , Emergency Loans , loans in Canada
Last Updated January 29, 2021