GoDay is an online-only lender that offers fast loans through a simple, paperless application. The company has been in business since 2012 and is headquartered in Toronto, Ontario.<\/p>
GoDay offers two types of loans:<\/p>
Yes, GoDay is a licensed payday lender and a member of the Canadian Consumer Finance Association (CCFA). It has physical offices in Toronto, Vancouver, Calgary, Regina, Fredericton and Dartmouth.<\/p>
Last verified on August 11, 2026<\/small><\/p> <\/p> If you\u2019re applying for a payday loan, it takes about five minutes to complete an application. GoDay offers instant decisions, and your loan can be funded by e-Transfer in as little as 60 minutes after approval.<\/p> It also takes around five minutes to apply for a GoDay installment loan, while instant pre-approvals are also available. However, the exact processing time for this type of loan is not specified.<\/p>GoDay payday loan features<\/h3>
Feature<\/th> Details<\/th><\/tr><\/thead> Loan amount<\/strong><\/td> $100 \u2013 $1,500<\/td><\/tr> Loan term<\/strong><\/td> Up to 62 days<\/td><\/tr> Serviced provinces<\/strong><\/td> AB, BC, MB, NB, NS, ON, PEI, SK<\/td><\/tr> Cost<\/strong><\/td> $14 per $100 borrowed<\/span><\/td><\/tr> Repayments<\/strong><\/td> By your next payday or in installments depending on where you live<\/td><\/tr> Fees<\/strong><\/td> If you default on your loan, you may be charged NSF fees and late fees.<\/td><\/tr> Eligibility requirements<\/strong><\/td> - Canadian resident over the age of 18
- Valid email address and phone number
- Have an open bank account with a Canadian bank or credit union<\/td><\/tr><\/tbody><\/table>How long does GoDay take?<\/h3>
What we like about GoDay payday loans<\/h3>
What to watch out for<\/h3>
Alternative: Cash advances<\/h3>\nCash advances can be much cheaper, with APRs as low as 0% and flexible repayment terms. Fees apply for instant funding.\n