GoDay Loans in Thunder bay

GoDay
Get a GoDay loan verified by our specialists. On 18.07.2024 there are 2 options available to you. Increase your chances of getting a loan — fill out an application with a free credit rating check.
Offers: 2
Updated
06.06.2024
12:20
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
100.00 – 1500.00 C$
Rate
i

Effective interest rate on the product

201.84 – 517.08 %
Term
i

Loan term for the financial product

1 days – 42 days
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
1000.00 – 15000.00 C$
Term
i

Loan term for the financial product

6 months – 60 months
How to apply for a GoDay Loan in Thunder bay? Step-by-Step

How to apply for a GoDay loan in Thunder bay?

  1. Visit the GoDay Website. Start by visiting the official GoDay website from your computer or mobile device. The website provides all the necessary information about their loan products and services.

  2. Complete the Online Application. Once on the GoDay website, locate the 'Apply Now' button and click on it to initiate the application process. You will be directed to a secure online form where you'll need to provide personal and financial details, including your name, address, employment information, and banking details.

  3. Submit the Application. Fill out the online application form accurately and thoroughly. Double-check all the information provided to ensure its accuracy. Once you've completed the form, review the terms and conditions carefully before submitting your application.

  4. Receive Instant Decision. After submitting your application, GoDay's automated system will assess your eligibility and provide an instant decision. You'll quickly receive notification of whether your application has been pre-approved.

  5. Provide Additional Information if Required. In some cases, GoDay may require additional documentation or verification to process your application further. If requested, promptly provide any necessary information to expedite the approval process.

  6. Accept the Loan Terms. If your application is approved, carefully review the loan terms and conditions provided by GoDay. Ensure that you understand the payment plan, fees, for example missed payment fees, and interest rates associated with the loan before accepting the offer.

  7. Receive Funds. Upon accepting the loan terms, GoDay will proceed to transfer the approved loan amount to your designated bank account. The funds are typically disbursed electronically, and you may receive them in as little as one hour from approval, depending on your financial institution's processing times.

Conditions

  • Loan Amount. GoDay offers payday loans ranging from $100 to $1,500, providing borrowers with flexibility in choosing the loan amount that best suits their needs.
  • Repayment Period. The repayment period for GoDay payday loans typically coincides with the borrower's next payday. However, if the borrower's next payday is within two days of receiving the loan, the repayment date may be extended to the following payday.
  • Fees and Interest Rates. The cost of borrowing from GoDay is transparently disclosed, with fees and interest rates varying depending on the borrower's province of residence. Fees are typically presented as a set amount per $100 borrowed, and interest rates are expressed as an annual percentage rate (APR).
  • Payment Options. GoDay offers multiple payment options for borrowers' convenience, including electronic funds transfer (EFT) and email money transfer (EMT). Repayments are automatically withdrawn from the borrower's bank account on the agreed-upon due date.

Requirements

  • Canadian Residency. Borrowers must be Canadian residents to qualify for a GoDay loan. Proof of Canadian residency may be required during the application process.
  • Age Requirement. Borrowers must be at least 18 years old to apply for a GoDay loan. Proof of age, such as a government-issued ID, may be requested for verification purposes.
  • Open Bank Account. Borrowers must have an active bank account with a Canadian bank or credit union. This account is necessary for receiving loan funds via electronic transfer and facilitating automatic loan repayments.
  • Direct Deposit. Borrowers must receive a steady source of income via direct deposit into their bank account. This income could come from employment, government benefits, or other regular sources.
  • Valid Email Address and Phone Number. Borrowers must provide a valid email address and phone number during the application process. These contact details are used for communication purposes and to send important loan-related information.
  • Income Verification. Borrowers must provide proof of a steady source of income to demonstrate their ability to repay the loan. This could include pay stubs, bank statements, or other documentation confirming income.
  • Credit Check. While GoDay may conduct a credit check as part of the application process, having a poor credit history may not necessarily disqualify applicants. GoDay considers various factors when assessing loan eligibility, including income and employment status.

Additional resources