At GoDay, we get a lot of questions when it comes to our payday loans. And we want to make sure you are getting the loan that works best for you. Whether you’ve been approved or rejected for a loan in the past, there are ways that you can be a responsible payday loan borrower. We created a go-to guide on what GoDay looks for in its customers and how you can borrow responsibly.
Do you have an outstanding loan with us or any other payday or short term loan company?
Yes-
At GoDay we won’t give you another loan until you’ve paid off the one you currently have outstanding with us. We won’t know if you have one with another company, but this will impact your credit score and we don’t recommend having more than one loan outstanding at a time.
No-
Have you had a loan with us in the past? If you are a first-time borrower, we can only issue you a loan up to $500 until we get to know you, after that we can issue loans based on what you need and work with you to customize your loan with no hidden fees or surprises. What you see is what you get with GoDay.
What are you using your loan for?
We don’t ask you what you’re using our services for, but we only want you to have to visit us when you really need us. At GoDay we’re about getting you back on track financially with our loans as a form of support, not to have you fall further behind. We want to be used to help bridge the gap between paychecks or in cases of an emergency, not to go shopping for the latest handbag or non-necessities. Need help getting back on track? Visit our Finance 101 section on our website, it has tools and resources for any questions you may have.
Paying your loan back on time
When you get a loan from GoDay, we customize it to suit your needs. This includes the time you may need to pay back your loan. Run out of time? The best thing you can do is contact our customer service team immediately and we will do our best to accommodate your needs. Worst case scenario? Avoid your loan payments and not contact us. Why? This will have a big impact on any future loans you may need, as we will need to rebuild our relationship, but also if you put off payments for a long amount of time it will also negatively affect your credit score. Make sure you know when your payments are due!
