Loans for People on Welfare Toronto

By Nola
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Loans for People on Welfare Toronto

I need some help. Is there any way I could qualify for a cash loan in Toronto even if I am currently on welfare? How does it work and what do I need in order to be approved?
Any help would be great.

Thank you. 


By Magical Credit

Hello Nola,

Thank you for reaching out to the Magical Credit team with your question regarding the kinds of loans available for individuals on welfare or some kind of government assistance program.

We can definitely help you and yes, absolutely you can still apply while receiving government assistance.

In order to be approved you will need to attach a copy of the Monthly Statement you receive from WIS with your application.


Feel free to apply online: APPLY NOW 


For more information about our cash loans, read how it works, and check our FAQs. If you still have questions, please feel free to contact us. We typically respond to all inquiries within 1 business day. 


Or give us a call at: 1-877-213-2088
Magical Credit 
Level 4 (XP: 1450)
2 months ago
Unfortunately, as of December 1st we no longer lend to welfare income. Please check out the 'Who Qualifies' section of the magical credit website for more info about the other options available to you.
Level 4 (XP: 1450)
9 months ago
Remember to ask about our referral program
Level 4 (XP: 1450)
11 months ago
On some form of government assistance program? Need a loan? Contact the Magical Credit team today for more information about the options available to you,


15 member reviews
    By Anna
    Thank you for helping me when no one else would!
    Magical credit has helped me get a loan when all the banks turned me down! Thank you so much!
    helped me get a government subsidy loan on CCB. no regrets. thanks

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