GoDay really does offer the best Kanata payday loan and we’re willing to prove it. Even though you may not recognize our brand, we have been lending to Ontarians since 2012. Consequently, we’re refined the lending process.
If you’re shopping for a good lender, GoDay offers the following benefits over the competition.
1. We Operate Online
Certainly, you can hop in your car or jump on a bus and go to an in-person lender. However, you certainly aren’t getting the best Kanata payday loan since you’re wasting your valuable time, unnecessarily.
GoDay’s loan process offers convenience. Apply at any time from your favourite device. Our system reviews applications 24/7.
Additionally, as an online lender we invest heavily in top-notch encryption software so your sensitive data remains safe. We are also legally-obligated to conform to both provincial and federal consumer protection laws.
2. Apply in Less Than 15-Minutes
When you apply for a loan through GoDay, we won’t ask you to fill out a lengthy, complicated form. That’s because we need far less information from you than traditional lenders. We’re interested in where you stand now, not where you worked, banked, and lived years ago.
Consequently, most people complete our application form in less than 15-minutes. Easily apply before or after work, while you’re on a bus or train, or even on your break. It’s that simple to start the process for the best Kanata payday loan through GoDay.
3. We Provide Your Costs Upfront
GoDay provides their customers with as much information as possible so they can make informed financial decisions. This includes letting you how much it will cost to borrow before you provide your personal data.
This serves several purposes. First, you get a no-obligation glimpse into what we’re offering you. Then you can consider whether our payday loan is right for you or whether you want to explore other options.
Second, giving this information to you without asking for your sensitive data means you never need to worry about data security. The only information we need from you initially is your province, since we lend in many regions and fees vary.
4. We Offer Extensive Online Information
GoDay also provides potential and existing customers a huge amount of information on our website. This includes an in-depth FAQ page as well as an education page with links to many resources such as calculators, budgeting apps, credit counselling, and more.
Why do we bother with all this? We’re ethically bound to help borrowers make informed financial decisions. We want you to understand all aspects of your loan, before you decide to borrow.
5. Our Requirements are Transparent
GoDay believes the best lender and the best Kanata payday loan are transparent. As a result, we are happy to let you know upfront what we require from you to consider you for one of our loans:
- At least 18 years of age
- Canadian resident
- Permanent address
- Active account with a Canadian financial institution with at least three-months of recent activity
- Receive income through direct deposit
- Valid email address for identity verification
- Active cellphone or home telephone number
Please do not apply if you are actively involved in a consumer credit proposal, bankruptcy, or credit counselling program. We cannot consider your application if your income source is Employment Insurance or Covid-19 benefits.
6. We’re a Licensed Ontario Lender
The best Kanata payday loan must come from a licensed lender. Otherwise, you put your personal data at risk. Unlicensed lenders may be scam artists only interested in your sensitive information so they can take out credit under your name. Regrettably, identity theft is a very real and costly problem in Canada.
Another reason you need a licensed lender is that this protects your consumer rights. Should an unlicensed lender actually grant you a loan, they aren’t legally obligated to handle it properly. Plus, they can basically charge whatever they want and it will undoubtedly be more than through a licensed lender.
A licensed lender must follow the Payday Loan Act. This Act limits allowable fees, penalties, and interest rates and specifically describes lender responsibilities. Consequently, the best Kanata payday loan always comes from a licensed lender.
7. Our Artificial Intelligence Assessment Can Be Beneficial
This assessment can be beneficial to applicants in several ways. First, we consider many factors and don’t base our decision solely on credit. That’s great news for new borrowers or those with less than pristine credit.
Second, we don’t have a minimum credit score requirement. You may not even know about this, but most lenders want you to meet or surpass a certain number, otherwise they’ll turn you down. Since GoDay doesn’t base approval on credit alone, we don’t bother with this at all.
Third, our artificial intelligence assessment looks at your ability to repay. Consequently, you may qualify for the best Kanata payday loan if you have a reliable source of income.
7. No Impact on Your Credit Score
Even though a payday loan offers a relatively small amount of money, lenders may check your credit. However, how they do so can determine whether you’re getting the best Kanata payday loan or one that will lower your credit score.
Many lenders use a “hard” credit inquiry that negatively impacts your score by as much as 12 points, whether you’re approved or not. However, if GoDay decides to check, we use a “soft” credit inquiry instead. This does not lower your credit score.
8. Shorter Stability Requirement
Mainstream lenders place a great deal of emphasis on stability. They believe this makes you less risky. This may be all well and good, but lender expectations are often incredibly high. They may want to see a stable work, home, and banking history over several years, or more.
GoDay doesn’t think this makes sense in our highly mobile society. As a result, our requirement is much shorter. If you can demonstrate stability over the past three-months, you could qualify for the best Kanata payday loan through GoDay.
9. No Document Hassle
Most lenders, whether in-person or online, want you to provide proof of income. That can be a real pain for most people. Either they have to dig up pay stubs or get a letter from their employer. If the individual is a contractor, they may need an income statement from their accountant.
Besides that, the applicant must either drop off these documents or upload them to the lender’s server. Either way, it is more time lost and more hassle.
Luckily, GoDay doesn’t require this. Instead, we use digital income verification through authorized bank statements. It is fast and easy and you don’t need to do a thing. Don’t worry, we can’t pry into your personal affairs.
The best part is that you could qualify if your income comes from sources other than employment. This may include private or public pensions, or other reliable income sources.
10. Quick Process
The best Kanata payday loan is fast. No one wants to sit around waiting while a lender slowly works their way through a pile of applications.
Fortunately, when you submit your application to GoDay, you’ll have our decision within minutes. If you’re pre-approved, you’ll also see our terms immediately.
Don’t want to borrow? No problem. You are under no obligation and the process does not affect your credit.
Want to move forward? Just accept our terms and we’ll prepare your loan contract and send it to you via email. Just sign it digitally.
Finally, once we receive your signed contract, we start the funds release process. In most cases, we will have the money in your bank account within an hour, providing you apply during business hours. If you apply during the evening or on a weekend or holiday, you will get your money as soon as possible the next business day. That’s why we know we offer the best Kanata payday loan on the market.
Get the Best Kanata Payday Loan Through GoDay
If you’re still not convinced, here are a few more reasons why GoDay offers the best Kanata payday loan available:
- We automatically review your payday loan application to see if you qualify for an installment loan instead. Installment loans offer more time to repay and usually better terms too.
- Borrow between $100 and $1,500, quickly and easily
- We are a verified licensed Ontario payday loan lender
- GoDay is 100% Canadian owned and operated– our customer service team lives and works here
- We’re a proud member of the Canadian Consumer Finance Association, representing licensed payday loan lenders in Canada
- Our Better Business Bureau overall rating is A+
- We have over 2,100 customer reviews on TrustPilot, with an overall rating of “Excellent”.
Whether you are ready to start the application process or want more information, please visit our website. We also offer specific details on our Canadian payday loans here.
Join the ranks of countless Ontarians who borrow through GoDay with confidence. We really do offer the best Kanata payday loan available.
