GoDay Review 2026
Canadians who need a quick payday loan with a simple online process
Loan Amounts
$100 – $1,500
Interest Rates
$15 per $100 borrowed (where applicable)
Loan Terms
Up to next payday
Credit Required
No minimum credit score
Funding Speed
Same day (Interac e-Transfer)
Headquarters
Toronto, Ontario
What is GoDay?
GoDay is a Canadian online payday lender that has been providing short-term loans since 2012. They are licensed in multiple provinces and known for their fast, fully digital application process.
GoDay uses a proprietary scoring model called the GoDay Score, which considers factors beyond traditional credit scores. This allows them to approve borrowers who might be declined by conventional lenders.
All applications are processed online with same-day funding via Interac e-Transfer, making GoDay a popular choice for Canadians who need emergency funds quickly.
Pros & Cons
Pros
- No minimum credit score — uses proprietary GoDay Score
- Same-day funding via Interac e-Transfer
- Fully online process — no faxing or branch visits
- Licensed and regulated across multiple Canadian provinces
- Established since 2012 with strong online reputation
Cons
- Maximum loan amount of $1,500
- High cost of borrowing relative to personal loans
- Must be repaid by next payday
- Not suitable for long-term financial needs
- Not available in Quebec, Newfoundland, or some territories
Estimate Your GoDay Payments
See what your monthly payments could look like with GoDay's rate range of $15 per $100 borrowed (where applicable).
Try the Loan CalculatorWho Can Apply for GoDay?
- Must be a Canadian citizen or permanent resident aged 18+
- Must be employed or have a regular income source
- Must have a bank account that accepts direct deposits
- Must have an active email address and phone number
How to Apply for a GoDay Loan
Visit goday.ca and complete the 5-minute online application
GoDay assesses your application using their proprietary scoring model
Receive an approval decision within minutes
Review and accept your loan agreement electronically
Funds sent same day via Interac e-Transfer
GoDay FAQs
Compare GoDay With Others
Compare GoDay With Other Lenders
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Compare Loan OptionsEditorial Note: Our content is reviewed by financial experts for accuracy. We may receive compensation from partner lenders, which does not influence our rankings or recommendations. Read our full disclosures