Loans

GoDay Loans review: what you need to know before applying

If you are looking for a payday loan, GoDay can be your platform! So, check out our GoDay Loans review to learn more!

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by Victória Lourenço

Published on 06/18/2022

GoDay Loans: have the best and fastest loan experience

Check out our GoDay Loans review! Source: GoDay
Check out our GoDay Loans review! Source: GoDay

If you’re in Canada and looking for a loan, you may have heard of GoDay. GoDay is a popular Canadian online lender that offers short-term loans to borrowers. But is it the right lender for you? In this GoDay Loans review, we’ll give you the rundown on what you need to know before applying for a loan from GoDay!

APRThe APR varies by state.
Loan PurposePayday loans.
Loan Amounts*From $100 to $1,500.

*Terms apply.
Credit NeededDepends on the loan amount and type.
TermsUp to 62 days.
Origination FeeThe rates vary by province.
Late FeeThe rates vary by province.
Early Payoff PenaltyThe rates vary by province.
illustration of a smartphone with GoDay Loans's app onscreen

How to apply for GoDay Loans?

Do you need a payday loan? If so, GoDay Loans offers the best loan options, and there is an easy and fast application. Read on to learn more!

We’ll cover everything about GoDay loans, from rates and fees to eligibility requirements, so you can make an informed decision about whether or not this is the right lender for you. So read on to learn more in our GoDay Loans review!

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How does the GoDay Loans work and its benefits?

Read the features of the GoDay loans platform! Source: Unsplash
Read the features of the GoDay loans platform! Source: Unsplash

Through the GoDay Loans platform, you can find the best payday loans to help you out in case of emergencies. Also, before you apply, you can go to the official website to calculate how much you can borrow. Moreover, since it is a payday loan, you can get from $100 to $1,500.

Also, there is a very quick application process where you can get a response in just hours. In addition, you can choose how much you want to borrow and apply online. Plus, you can get your payday loan in as little as one hour after you get your loan approval.

However, even though this platform offers amazing benefits for lenders, there are also some downsides to it. For example, since some loans are eligible for those with no credit score, there might be some relatively high-interest rates. Also, the repayment terms may be a bit short for some people. See what the pros and cons are next in our GoDay Loans review.

Pros

  • You can get approved very fast.
  • There is a quick application process.
  • You can get your loan funds in as little as one hour after your loan approval.
  • There is the chance to manage all your loan funds through a mobile app.

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Cons

  • There are short repayment terms.
  • You may have to pay relatively high-interest rates if you don’t have a very high credit score.

What credit score do you need for GoDay Loans?

You don’t need to have a high credit score to find a payday loan through the GoDay Loans platform. However, if you have a very low credit score, you might not be able to find higher loan amounts. Also, you might get higher interest rates.

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How to apply for GoDay Loans?

Now that you’ve read our GoDay Loans review, it’s time to learn how to apply for it. You can easily apply for a payday loan through the GoDay Loans platform. All you need to do is go to GoDay Loans’s official website and choose the amount you want to borrow. Therefore, if you want to know more details about how to apply, check out our post below!

GoDay logo

How to apply for GoDay Loans

Do you need a payday loan? If so, GoDay Loans offers the best loan options, and there is an easy and fast application. Read on to learn more!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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