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Are you looking for fast cash? A recent\u00a0report<\/a>\u00a0by the Financial Consumer Agency found that nearly 2 million Canadians use payday loans each year. And that\u2019s where people turn to us because GoDay<\/a> is an online payday or short-term loan lender. But we\u2019re not the only ones out there. Operating in eleven provinces and territories across Canada (new to Nova Scotia<\/a>), when it comes to the payday loan market in Canada, there are many companies and options you have available. However, you need to be careful with some online payday lenders, many aren’t licensed and don’t follow provincial rules designed to protect borrowers. But for a speedy, smart, and secure loan, look no further than with\u00a0GoDay<\/a>. Whether you\u2019re looking to get yourself out of a financial bind or help keep you afloat until your next paycheck, GoDay offers payday loans in Canada. Our\u00a0payday loans<\/a>\u00a0are not intended to provide a long-term financial solution \u2013 they are intended to solve urgent but temporary cash flow needs. That\u2019s why we like to let our customers know about borrowing money the\u00a0GoDay way<\/a>\u00a0and have made it easy for you by giving you the reasons as to\u00a0why you should be choosing GoDay<\/a>\u00a0the next time you\u2019re in a financial bind.<\/p>\n When it comes to payday loans or short-term loan companies, we like to keep it simple; fast cash for you with the security and professionalism along with it. So how does\u00a0GoDay work<\/a>? GoDay partners with the most reputable financial institutions and uses the fastest and most secure tools in the industry to ensure you get the speediest service possible. We are accepting and approving online payday loan applications 24\/7, which mean that you can apply from your computer, smartphone or tablet anytime and our highly automated system will do all it can to ensure you receive your funds as soon as possible. As you can tell, there are many options when it comes to receiving financial assistance and it\u2019s no surprise that the market is changing based on consumer\u2019s needs. But here at GoDay, if we can help you get through a few financial hurdles, terrific. If we can help you avoid them altogether, even better. So how does this compare to the rest of the payday loan market in Canada?<\/p>\n Why do people turn to payday loan lenders?<\/strong><\/p>\n Let\u2019s face it, many people deal with various cash flow issues and not everyone has an emergency fund<\/a> available to help them when the unexpected happens. And it\u2019s not always easy to go to a family member and banks aren\u2019t always willing to give people a loan and maybe you\u2019ve used up that line of credit. Whatever the case, there are many reasons why people turn to payday loans<\/a>. But one of the main reasons is for the immediacy of payday loans. At GoDay, speedy, smart, secure, that is the GoDay way<\/a>. GoDay provides Canadians with online payday loans. Our payday loans are not intended to provide a long-term financial solution. Rather, they are intended to solve urgent but temporary cash-flow needs. Because our payday loan applications are accepted and processed instantly by our automated system 24 hours a day, seven days a week, this makes it easy for anyone who is stuck in a financial bind. Not to mention we make it easier now than ever with our online application tools are available anytime and anywhere, so you can get cash on the go.<\/p>\n What you should know the first time you get a payday loan<\/strong><\/p>\n There are many things you should look for when getting a payday loan. First and foremost should be privacy and security. You should feel confident in handing over your personal information because disclosing private information online isn\u2019t always safe. And as an online company who prides themselves\u00a0on secure loans, we\u2019re the first to understand that filing personal information online can make you feel uneasy. We\u2019re a\u00a0payday loan company<\/a>, which means we take all your financial and private information seriously and it is our job to keep your\u00a0privacy and security top of mind<\/a> while protecting the information you give us. This is all a part of our responsible lending strategies here a GoDay as we are compliant with provincial loan regulations, which means you\u2019re protected legally with every cash advance. If it\u2019s your\u00a0first time getting a loan<\/a>, some companies including us have a first timer\u2019s policy in place. To start, you can request a loan of up to $500 for up to 30 days. As our relationship grows and we establish mutual trust with one another, we\u2019re happy to gradually increase loan amounts up to a maximum of $1500 for any future finances you may need.<\/p>\n What to expect when you take out a payday loan<\/strong><\/p>\n Here at GoDay, we like to make it as easy as possible for you to get your loan \u2013 that\u2019s why we provide ourselves on our professional service and resources<\/a>. Unlike many online lenders, we have real people and physical locations ready to help you along the way. At GoDay we are very proud of the professional service we offer as our customer service representatives are professional, experienced, and available to answer any questions you may when it comes to your loan. We do need a few things from you before we can give you a loan. Some of these things include:<\/p>\n To get your money from us we will deposit money in your bank account, which means we will also need your banking information. When getting a payday loan with us (or any payday or short-term loan lender), we will ask you to sign an agreement that shows your loan costs, including interest, fees and the due date on how and when you\u2019ll pay back your payday loan with us.<\/p>\n You also should also know your credit score when applying for payday loans. This is because when it comes to payday loans, it is the same process as any other loan, we check to see your current credit score before making a decision on your loan application and depending on your score, it will help us make our decision the kind of loan we can grant you. Depending on the kind of loan you apply for, each lender including\u00a0GoDay<\/a>\u00a0has a debt to income ratio we apply to decide whether or not you will be able to service the loan. A payday loan or any loan application can affect your credit score, even if it is just by a few points. Why? This is because\u00a010% of your credit score is calculated through the number of credit-based applications you make<\/a>. \u00a0Meaning that every time you apply for a form of credit, it shows up on your credit report and numerous applications can show that you are possibly taking on more debt than you can handle or that you are looking for fast cash. There are also many other ways a payday loan can affect your credit score including the length of time you\u2019ve had your loan, your loan payment history, the interest rate on the loan, how many loans you have outstanding, and many more factors depending on your financial situation. This is something to keep in mind when applying for a loan, as well as this, could have future financial implications down the road.<\/p>\n Payday lending rules where you live<\/strong><\/p>\n\n