GoDay
GoDay offers payday loans up to $1,500 across Canada. Approvals are fast, all online, and cash can be available in as little as 1 hour. Quick and simple process.
If you need quick access to funds in Canada, GoDay stands out by offering payday loans up to $1,500. The application is entirely online, and you can receive a decision in minutes. Interest rates are transparent, with a typical charge of $14 per $100 borrowed, which equals an APR of 365%. Loan terms are generally 14 days, depending on the province, and the process avoids any hidden fees or paperwork hassles.
How to Apply for a GoDay Payday Loan
- Visit the GoDay website and click the application button.
- Choose the loan amount (up to $1,500).
- Complete the short online application form.
- Submit required details such as identification and banking info.
- Receive an instant decision, often within minutes.
- If approved, access your funds in as little as 1 hour.
Key Pros of GoDay Payday Loans
GoDay is appreciated for its speed and simplicity, allowing customers to obtain funds rapidly with minimal effort. There’s no paperwork, and credit checks are straightforward.
Another advantage is transparency: all fees are disclosed upfront, so you know exactly what you’ll owe at the end of your loan term.
Things to Keep in Mind
The biggest drawback is the high cost—an APR of 365% is standard for payday loans in Canada, which can be costly for repeat use or missed payments.
Additionally, payday loans should be used for short-term emergencies only, as they are not designed for ongoing or long-term borrowing needs.
Our Verdict
GoDay’s online payday loans are a convenient, fast option for urgent cash needs, provided you are aware of the high fees and use the service responsibly. The transparent process and quick funding make it ideal for short-term emergencies.
