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
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Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
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
Company replied
I've used Magical several times and have to say they are friendly and very communicative. The detail everything in email form and it its easy to read and they include every link you need so its easy... See more
Company replied
Good company to deal with. Try to make transactions fast. Hate the waiting for preauthorized payments to clear 3-4 days. I would rather pay by e-transfer.
Company replied
Company details
Written by the company
Magical Credit provides cash loans to people with fixed income. Need a loan fast? Skip payday loan companies and get approved for an online loan now.
Contact info
970 Lawrence Ave W #402, M6A 3B6, North York, Canada
- +1 855-639-6888
- info@magicalcredit.ca
- magicalcredit.ca
4.6
Excellent
284 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.
Reply from Magical Credit
Thank you very much, Jc! Have a Magical weekend ahead.
Application and approval is so fast
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 fees.
Magical credit is a good and legit company
6 February 2026
Unprompted review
Reply from Magical Credit
Thanks, Laine! What you've described is exactly what we're going for!. We really appreciate you taking the time to leave us such a detailed review. Thanks again for choosing Magical Credit, and have a Magical week ahead!
Excellent and helpful lender
Magical was truly magical. They helped me on multiple occasions and were supportive of my needs. Thanks
27 February 2026
Unprompted review
Reply from Magical Credit
And that was a Magical review, Dale! Thanks for taking the time to write us such kind words. Have a Magical week ahead!
They are legit and helpful
They are legit and helpful. I just tried and thought wont be approve that fast. The application process was seamless.
25 February 2026
Unprompted review
Reply from Magical Credit
Hi Auster. Speed is the name of the game here - we're glad we managed to get you your funds that quickly! We appreciate the review, by the way! Have a Magical day!
Excellent service and very easy to deal with
Excellent service and very easy to navigate on their portal and I totally trust this site. I will definitely recommend to my friends and family. Thank you Magical Credit
27 February 2026
Unprompted review
Reply from Magical Credit
Oh, that's excellent, Delphine. We're continuously working on improving our website's (and service's) ease of use. We're happy that you're satisfied. Thank you so much for the 5 stars! Have a Magical day!
Good service and fast in moments you…
Good service and fast in moments you need
25 February 2026
Unprompted review
Reply from Magical Credit
Thanks, customer! We're glad to have you with us. Have a Magical weekend ahead!
So easy to use and very reliable
So easy to use and very reliable!
Also very fast to get funded for returning customers!
24 February 2026
Unprompted review
Reply from Magical Credit
Yes, yes, yes Gil! That's what we're going for - Ease of use and speed. We're glad you chose us, thanks for that. And thank you for the review. Have a Magical weekend!
Quick and easy
Very quick and pretty easy to do the application. Also once i had paid off two loans in a row with them they offered me an extended payment plan on the third loan which was a nice surprise. So I don’t have to pay it all back at once which helps when money is a bit tight. Their customer service is also really good and they answer emails surprisingly fast
26 February 2026
Unprompted review
Reply from Magical Credit
Stellar review, Kaylea, thank you for that! And yes, the extended payment plan is a nice little upgrade to people's loans; we love it when people are able to get it. We know the payment plan makes everyone's lives so much easier. In any case, thanks for the lovely review. Have a Magical week ahead!
They were quick
They were quick, to answer, every thing was smooth, only thing is I asked for an amount, they gave me only half, but apart from that 100 percent
25 February 2026
Unprompted review
Reply from Magical Credit
Hi Terry, thanks for taking the time to leave us a review. Yeah, unfortunately, we can't always offer what customers ask for; we wish we could. Future loans (if you decide to reloan with us, of course) tend to be higher. Have a Magical week, and don't hesitate to get in touch with us if you need help with your current loan.
It has been a great experience doing…
It has been a great experience doing business with Magical Credit. The sweet part is that you'll get approval if you have a proven regular income, your credit score notwithstanding. Moreso, you can apply immediately after a full payment of your loan have been acknowledged. Now the sweetest aspect is you can choose how to payback, you are given the opportunity to pay using the interac or authorize a direct debit.
19 September 2025
Unprompted review
Reply from Magical Credit
First of all, thank you for the detailed review, David! All of these aspects you pointed out have been carefully crafted to make the lending process as smooth as possible. We still have things to improve (we always do), but we're happy we got where we are right now. Thanks for the 5-star review, and I should say: it's been an honour to have you with us. Have a Magical weekend ahead.
They are fast and easy to deal if you…
They are fast and easy to deal if you need help. I was approved right away no waiting they are amazing.
25 February 2026
Unprompted review
Reply from Magical Credit
Yes, Stacy! We're fast! We're so proud of it too, thanks for the review. Have a Magical day!
Reply from Magical Credit
Thanks, Vinnie! Have a Magical day!
Reply from Magical Credit
Thank you so much, John! Have a Magical rest of your week.
Magical no hassle no fuss
20 February 2026
Unprompted review
Reply from Magical Credit
Thank you so much, Jacqueline! Have a Magical week ahead.
Reply from Magical Credit
That's what we're going for, Ivet! Thanks for the review. Have a Magical week ahead.
Nice and i choose emergency and any…
Nice and i choose emergency and any time i need money i choose
17 February 2026
Unprompted review
Reply from Magical Credit
Thank you for the review and the 5 stars, Harpreet! Have a Magical week.
Very excellent service
17 February 2026
Unprompted review
Reply from Magical Credit
Thank you so much for your review, Rafid! Have a Magical week ahead.
Reply from Magical Credit
Silvana, we really appreciate you taking the time to leave us a review. Thank you so much. We keep our customer service level the same after you're approved, so if anything arises and you need some help, don't hesitate to call. Have a Magical day!
Poor Customer Service
I initially applied and got approved for a $200 loan. I received the money but I returned it within the cooling off period so no interest was incurred. The reason I returned it because I realized I needed more so I wanted to reapply for a higher amount (and I will pay on the same pay date as my previous loan). I emailed many times but received no reply. I called after a few days and the agent told me I cannot reapply and she does not know the reason why. Not helpful at all. She told me to email payment department and I sent an email more than 5 times until now no reply!
23 January 2026
Unprompted review
Reply from Magical Credit
Hi Elle, I'm so sorry about that. If there's a reason why you can't apply, you most definitely should be informed as to why. This may have been a communication issue, as managers would be able to handle this situation. If you call or email us between 9 am and 5 pm (EST), there will be someone here who will be able to help. I couldn't find any files on our system that match your name and situation, so I can't assign a manager to help you out yet. Please get in touch with us so we can get to the bottom of this. In any case, thanks for dropping us this review. Have a Magical week.
Instant approval after viewing my…
Instant approval after viewing my credit score, instant deposit after approval, highly recommended
15 February 2026
Unprompted review
Reply from Magical Credit
Hi Mark! Thanks for the review. Now, just to clear things out: we do not view Credit Scores since we're only offering Payday loans at the moment. We base our decisions on bank statements and whatever the customer writes in their application. Have a Magical week ahead!
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