GoDay – Personal Loan
GoDay is a Toronto-based online lender offering fast payday and short-term loans funded by Interac e-Transfer 24/7.
Payday loan cost is regulated provincially (e.g. $15 per $100 in Ontario). For short-term use only.
GoDay is a Canadian-owned online lender founded in 2012 and headquartered in Toronto. It specializes in fast, fully online payday and short-term loans from $100 to $1,500, with funds delivered by Interac e-Transfer at any time of day, including evenings, weekends, and holidays. The entire application takes about five minutes and most approved applicants receive their money within minutes.
GoDay is licensed in the provinces where it operates and uses secure instant bank verification instead of paperwork. It serves borrowers across the credit spectrum, focusing on current income rather than credit score alone, which makes it accessible to people who are turned down by banks. As with all payday loans, the cost is high relative to the term, so a GoDay loan is best used for genuine short-term emergencies and repaid on the scheduled date.
✓ Pros
- Very fast funding, any time of day
- Bad credit considered
- Licensed and Canadian-owned
- Transparent fees
✗ Cons
- High cost typical of payday loans
- Small maximum amount ($1,500)
- Short repayment term
- Not available in every province
Loan Example
Borrow $300 for 14 days in Ontario at $15 per $100 = $45 fee, total repayment $345.
Eligibility Requirements
- ✓ Canadian resident, age 18+
- ✓ Regular source of income
- ✓ Active chequing account
- ✓ Valid email and phone number
Loan Features
- 24/7 Interac e-Transfer funding
- Fully online 5-minute application
- No paper documents required
- Approval based on income, not just credit
Frequently Asked Questions
Minutes after submitting your application.
The minimum amount at GoDay is $100 CAD.