{"id":1633,"date":"2013-11-01T15:28:25","date_gmt":"2013-11-01T19:28:25","guid":{"rendered":"https:\/\/goday.ca\/blog\/?p=1633"},"modified":"2021-09-30T11:13:28","modified_gmt":"2021-09-30T15:13:28","slug":"types-of-payday-loan-lenders","status":"publish","type":"post","link":"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/","title":{"rendered":"Direct Payday Loan Lenders VS Indirect Payday Loan Lenders"},"content":{"rendered":"<p><a href=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/11\/Blog-Header-Direct-vs-Indirect-Lenders.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-3022 size-full\" src=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/11\/Blog-Header-Direct-vs-Indirect-Lenders-e1440535591308.png\" alt=\"Blog Header - Direct vs Indirect Lenders\" width=\"800\" height=\"599\" srcset=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/11\/Blog-Header-Direct-vs-Indirect-Lenders-e1440535591308.png 800w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/11\/Blog-Header-Direct-vs-Indirect-Lenders-e1440535591308-300x225.png 300w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/11\/Blog-Header-Direct-vs-Indirect-Lenders-e1440535591308-768x575.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>There are a variety of <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">online payday loan<\/a> sites to choose from in Canada. If you&#8217;re shopping around for a short term loan right now, you&#8217;re probably drowning in a sea of ads that promise you this, that &amp; the other just to apply with them. If you&#8217;re searching for solely an <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">online payday loan lender (like us)\u00a0<\/a>sorting out direct lenders from indirect lenders can be a bit frustrating.<\/p>\n<p>What do we mean by direct and indirect lenders? Let us know if the following scenario sounds familiar.<\/p>\n<p>You Google<em>\u00a0&#8220;<a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">payday loans online<\/a>&#8221; <\/em>and suddenly, you&#8217;re like a bride-to-be at a wedding show &#8211; everyone&#8217;s vying for your attention. There&#8217;s selection after selection. Some, you recognize. Others, you don&#8217;t. Depending on what your particular criteria are for needing this loan, you&#8217;ll sort through and find a match that seems to be secure and legitimate. Fantastic, you think. You click the big bright <strong>APPLY<\/strong> button and fill out the application and wait a few moments.<\/p>\n<p>Perhaps a few things have been swirling in your head while you wait for your application to process. Did you see a provincial payday loan license appear before you applied? If so, was it up to date? Did you think to do a phone number &amp; address check for the company name?<\/p>\n<p>Then, something on your screen appears that you were not expecting. Remember, an application process should be well explained on a <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">payday loan company<\/a>&#8216;s website or elsewhere in their educational literature. If this is not what you expected, you&#8217;re probably wondering what happened. Chances are you&#8217;ve just applied to an indirect payday loan lending site.<\/p>\n<p>These indirect lending sites are essentially application generators that sell your application to the highest bidder. The risk that exists with these indirect <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">payday loan<\/a> sites is that any company, whether they are licensed or not, could possibly bid on your application and have access to all of the information you submitted. Additionally, since you might not know where you&#8217;re being sent, you could experience less-than-personal customer support, higher fees and interest than you might have originally been drawn to, delays in getting your funds, oh and let&#8217;s not forget, the possibility of dealing with an unlicensed lender!<br \/>\n<a href=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2012\/12\/License-for-13-14.png\"><br \/>\n<\/a><a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">Direct payday loan<\/a> sites are, well, just that. If you&#8217;re applying at <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">GoDay.ca,<\/a> you&#8217;re dealing with 100% GoDay.ca staff, policies &amp; fees. You will know your full terms and conditions before &#8220;e-signing&#8221; anything. If you&#8217;re applying with Money Mart or Cash Store online, you&#8217;re dealing with 100% their staff, policies &amp; fees. You&#8217;re safest bet is to choose a direct lender like us, since you can check for yourself whether we&#8217;re compliant with payday loan laws or not right on our own website.<\/p>\n<p>There&#8217;s an important variation on the experience you will have with a <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">direct lender<\/a>, however, that may seem similar to an experience with an indirect lender. This experience arises when the direct lender you applied with unfortunately cannot serve you at that time, due to whatever factor(s) lead to the decline.<\/p>\n<p>Some companies will offer to match you with another certified lender <strong><em>absolutely free<\/em><\/strong>, to save you time and effort. The difference between this match-up and the indirect lending match-up is that the direct lender who declined you will tell you who they can match you with before they do so. Additionally, <strong><em>you have to give consent<\/em> <\/strong>to this action being done. Every step of the path is highlighted well for you by way of this method.<\/p>\n<p>So, when you&#8217;re hunting online for a payday loan, avoid the fuss &#8211; just go to a <a href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\">direct lender like GoDay.ca.<\/a> We&#8217;ll tell you everything you need to know about your loan up-front &amp; answer any questions you have before you sign. There&#8217;s nothing to hide. If you&#8217;re ready, come get a\u00a0 fuss-free loan with us today!<\/p>\n<p><em>Like This Post? You Might Also Enjoy:<\/em><\/p>\n<p><a title=\"Online Stores That Offer Free Shipping for Canadians\" href=\"https:\/\/goday.ca\/blog\/canadian-free-shipping\/\" target=\"_blank\" rel=\"bookmark noopener\">Online Stores That Offer Free Shipping for Canadians<\/a><\/p>\n<p><a title=\"Short-Term Payday Loans Could Make You Richer\" href=\"https:\/\/goday.ca\/blog\/short-term-payday-loans-make-richer\/\" target=\"_blank\" rel=\"bookmark noopener\">Short-Term Payday Loans Could Make You Richer<\/a><\/p>\n<p><a title=\"GoDay\u2019s Payday Loan Officers Share Their Best Tips!\" href=\"https:\/\/goday.ca\/blog\/godays-payday-loan-officers-share-best-tips\/\" target=\"_blank\" rel=\"bookmark noopener\">GoDay\u2019s Payday Loan Officers Share Their Best Tips!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are a variety of online payday loan sites to choose from in Canada. If you&#8217;re shopping around for a short term loan right now, you&#8217;re probably drowning in a sea of ads that promise you this, that &amp; the other just to apply with them. If you&#8217;re searching for solely an online payday loan [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Direct Payday Loan Lenders VS Indirect Lenders<\/title>\r\n<meta name=\"description\" content=\"If you&#039;re searching for an online payday loan lender, sorting out direct lenders from indirect lenders can be a bit frustrating. Let us help it make sense.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Direct Payday Loan Lenders VS Indirect Lenders\" \/>\r\n<meta property=\"og:description\" content=\"There are indirect lenders online, and direct lenders (like us!). Learn how to spot the VERY important difference.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/\" \/>\r\n<meta property=\"og:site_name\" content=\"GoDay Cafe\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/GoDay.ca\" \/>\r\n<meta property=\"article:published_time\" content=\"2013-11-01T19:28:25+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2021-09-30T15:13:28+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/11\/Blog-Header-Direct-vs-Indirect-Lenders-e1440535591308.png\" \/>\r\n<meta name=\"author\" content=\"GoDay.ca Customer Education Team\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:title\" content=\"Direct Payday Loan Lenders VS Indirect Payday Loan Lenders\" \/>\r\n<meta name=\"twitter:creator\" content=\"@GODAYca\" \/>\r\n<meta name=\"twitter:site\" content=\"@GODAYca\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GoDay.ca Customer Education Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/\"},\"author\":{\"name\":\"GoDay.ca Customer Education Team\",\"@id\":\"https:\/\/goday.ca\/blog\/#\/schema\/person\/5dd4477e7fa335c98b4ab9e4af1a2c3d\"},\"headline\":\"Direct Payday Loan Lenders VS Indirect Payday Loan Lenders\",\"datePublished\":\"2013-11-01T19:28:25+00:00\",\"dateModified\":\"2021-09-30T15:13:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/\"},\"wordCount\":678,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/goday.ca\/blog\/#organization\"},\"articleSection\":[\"Money\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/\",\"url\":\"https:\/\/goday.ca\/blog\/types-of-payday-loan-lenders\/\",\"name\":\"Direct Payday Loan Lenders VS Indirect Lenders\",\"isPartOf\":{\"@id\":\"https:\/\/goday.ca\/blog\/#website\"},\"datePublished\":\"2013-11-01T19:28:25+00:00\",\"dateModified\":\"2021-09-30T15:13:28+00:00\",\"description\":\"If you're searching for an online payday loan lender, sorting out direct lenders from indirect lenders can be a bit frustrating. 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