CA
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!
GoDay Loans: have the best and fastest loan experience
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!
APR | The APR varies by state. |
Loan Purpose | Payday loans. |
Loan Amounts* | From $100 to $1,500. *Terms apply. |
Credit Needed | Depends on the loan amount and type. |
Terms | Up to 62 days. |
Origination Fee | The rates vary by province. |
Late Fee | The rates vary by province. |
Early Payoff Penalty | The rates vary by province. |
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!
How does the GoDay Loans work and its benefits?
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.
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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.
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.
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!
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
Reviewed by / Aline Barbosa
Senior Editor
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