Application and approval is so fast, when I signed my contract, few minutes ,fund is in my bank account. I’m now on my 3rd application. 3 installment payment plan, no additional fees, no hidden fe... See more
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Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
I have used Magical Credit multiple times and it's because they provide fantastic service. If I have questions, they provide a response right away and whenever I need a loan, it's always processed qui... See more
Company replied
Magical Credit has been awesome!!! Fast and very straight forward. After application is filled out money is deposited within 10 mintues. Whole process takes about 1/2 hour. Great job guys (gals) if I... See more
Company replied
My experience was absolutely wonderful from the start to the finish. I did not have to wait. The application process online was flawless. Then a representative called me and explained about the entire... See more
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Company details
Written by the company
Welcome to our official Trustpilot page! Whether you're managing unexpected personal expenses or looking for working capital to scale your business, our family of brands provides tailored, transparent financial solutions built around your needs. Our Family of Brands: Magical Credit (magicalcredit.ca): Flexible personal and installment loans featuring predictable payments and accommodating criteria to give your budget breathing room. Magical Business (magicalbusiness.ca): Merchant Cash Advances tailored for small and medium enterprises, offering flexible upfront capital that adapts to your daily sales. Magical Cash (magicalcash.ca): Fast, secure, and confidential short-term payday loans to bridge the gap before your next paycheck. Our Commitment to You We prioritize clear terms, fast decisions, and simple online processes with zero surprise fees. Your honest feedback helps us continuously improve our services and helps future customers make informed financial decisions. Have you used one of our services recently? Please share your experience below!
Contact info
970 Lawrence Ave W #402, M6A 3B6, North York, Canada
- +1 855-639-6888
- info@magicalcredit.ca
- magicalcredit.ca
4.6
Excellent
315 reviews
No recent history of asking for reviews
This company hasn't invited customers recently, so reviews may not be representative
Replied to 100% of negative reviews
Typically replies within 1 week
How this company uses Trustpilot
See how their reviews and ratings are sourced, scored, and moderated.
Magical for real
Well this lending company is nice, understanding, approachable and easy to talked especially there contact support...it's my first time here and although I don't have money on my bank account when they verify and check my situation still I've been able to get money from then...the trust they have to the people is worth the wait and effort on applying loan, thank you and I appreciate this...To all of you who needed help, you all can try Magical Credit so you can prove what I am trying to say here, it's really Magical here...
July 19, 2026
Unprompted review
Reply from Magical Credit
Wow, that was such a detailed review, Archie. Thanks for taking the time to write it. Your loan office will be happy to hear about it. If you ever need any help with your current loan, we're here to back you up! Have a Magical rest of your week!
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Amazing at response and very quick to…
Amazing at response and very quick to issue funds, also very polite!
July 15, 2026
Unprompted review
Reply from Magical Credit
Thank you so much, Ramona. We're doing our best here to provide you with the best possible service out there. We're happy to have you with us. Have a Magical rest of your week.
Awesome service
Awesome service, quick and easy application, always a pleasure
July 15, 2026
Unprompted review
Reply from Magical Credit
It's our pleasure to have you with us, Glen. Thank you so much! Have a Magical weekend ahead.
Fast reliable....would be better if…
Fast reliable....would be better if larger loans were offered on payments some time people need help out of the hole not just help standing up
July 7, 2026
Unprompted review
Reply from Magical Credit
Hi Aaron, thanks for the review. We do offer larger loans depending on your history with us and also which Province you live in. Get in touch with us and we can discuss it for future loans. In the meantime, have a Magical week ahead.
Reply from Magical Credit
Thanks, Ron! It's an honour to have you with us. Have a Magical week ahead.
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Reply from Magical Credit
Hi Justin! Thanks that. We appreciate the review. Have a Magical weekend ahead!
Great service! Easy to use and communicate
Great service and were fast! Great initiative system for apply.
July 3, 2026
Unprompted review
Reply from Magical Credit
Thank you so much for the review, HDK! We're happy you had such a good experience with us. Have a Magical weekend ahead.
Quick and easy
July 1, 2026
Unprompted review
Reply from Magical Credit
Thanks, Nawal! That's what we're aiming for. Have a Magical weekend ahead.
Everything i need help or i am short on…
Everything i need help or i am short on funds they are always there to help. The application is easy and quick
June 27, 2026
Unprompted review
Reply from Magical Credit
Thank you so much, TTV! It's been our absolute pleasure to help you out. Have a Magical weekend ahead!
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Conflicting and Constantly Changing Policies
After 5 years they still keep changing the rules to qualify. And denied previous guidelines. To a point they suggest they will give me Extended Payment Plan as a one-time courtesy; when in fact I had the payment plan 6 times;and they called it installments, but now EPP. Customer service, 1 of many departments, don't listen to what you are saying , they keep repeating themselves; and speak poor englih.
June 24, 2026
Unprompted review
Reply from Magical Credit
Hi Sherman, thanks for the review. We need to explain a bit how the extended payment plan works: any customer can be eligible for an EPP if their 2 previous loans fall within a 63-day period. It is fairly common that customers fall out and back in the EPP rule from time to time - that happens because of how their payday schedule is set up. If you have any questions about it, we're more than happy to discuss over the phone or via email. Oh, and sometimes we may call the EPP "installments", because you are, in fact, paying your loan in installments instead of a single payment (which is the standard). In any case, we're here to clear out any misunderstandings. Have a Magical weekend ahead!
Great ,fast service.
June 25, 2026
Unprompted review
Reply from Magical Credit
Shawn, thank you so much! We're here to keep providing you with the best service possible. If you need any help whatsoever, we're here to help. Have a Magical weekend ahead!
Very quick and easy to work with
Very quick and easy to work with. Excellent service.
June 22, 2026
Unprompted review
Reply from Magical Credit
Thank you so much, Joe! Speed is the name of the game here. We appreciate you taking the time to leave us this review. Have a Magical rest of your week.
Fast service and reasonable pay back
Fast service and reasonable pay back. Great service
June 19, 2026
Unprompted review
Reply from Magical Credit
Thanks, Kat! Customer service has been the center of what Magical Credit does for a long time now. Reading reviews like yours makes us feel we're doing our job right here. Have a Magical weekend ahead.
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Payday Loan
It was quick and easy to apply.Thank you Magical Credit!
Greatly appreciated.
June 20, 2026
Unprompted review
Reply from Magical Credit
It's been our absolute pleasure, Eugenia! Thank you for choosing Magical Credit, and have a Magical rest of your week.
Very Efficient service and Fast Approval
June 17, 2026
Unprompted review
Reply from Magical Credit
Thank you very much, Antony! We appreciate you taking the time to leave us this review. Have a Magical weekend ahead!
Very great indeed!
Very great to work with, fast services, customer service is on point and always there if you need them... Many thanks to you all!
June 16, 2026
Unprompted review
Reply from Magical Credit
Thank you, Matthew! Have a Magical weekend ahead!
Magical Credit as always been there for…
Magical Credit as always been there for me. Would recommend.
June 1, 2026
Unprompted review
Reply from Magical Credit
Thanks, Big Green Collective! It's been our pleasure! Have a Magical weekend ahead.
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They are very recommended
They are very recommended, always try to help you and give very fast response. Thankful with them
June 12, 2026
Unprompted review
Reply from Magical Credit
Thanks for the review, Omaira! And we're thankful to have you with us. Remember: we're always one phone call away. Have a Magical rest of your day!
really easy and streamlines
really easy and streamlines. everything was easy to understand with the terms of the borrowing. great company
June 10, 2026
Unprompted review
Reply from Magical Credit
Thank you, Donna! We're constantly striving to provide the best service in the business, and reviews like yours are what keep us going. Have a Magical rest of your day!
Easy and Fast result
June 11, 2026
Unprompted review
Reply from Magical Credit
Thank you so much for your review, Norman. Have a Magical weekend ahead!
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