Magical Credit Inc. is a private lending company based in Canada that provides an alternative to traditional banking for individuals who may not qualify for loans due to their credit history. Founded to serve a gap in the market, the company offers short-term personal loans ranging from $2,000 to $20,000. Their business model focuses on a simple online application process, quick approval times, and considering sources of income beyond regular employment, such as government subsidies. Their mission is to provide accessible financial solutions to Canadians facing temporary financial challenges.

Founded in

Canada