{"id":6525,"date":"2021-06-26T19:32:14","date_gmt":"2021-06-26T23:32:14","guid":{"rendered":"https:\/\/goday.ca\/blog\/?p=6525"},"modified":"2021-11-08T21:47:59","modified_gmt":"2021-11-09T02:47:59","slug":"goday-loans-are-being-used-for-more-necessary-expenses","status":"publish","type":"post","link":"https:\/\/goday.ca\/blog\/goday-loans-are-being-used-for-more-necessary-expenses\/","title":{"rendered":"GoDay Loans Are Being Used for More Necessary Expenses"},"content":{"rendered":"\n
\"GoDay<\/figure><\/div><\/div><\/div><\/div>\n\n\n\n

It is easier said than done when it comes to saving money. There are many resources out there helping with tips for spending less<\/a>, or how to get better savings habits; but here at GoDay \u2013 we know life happens. That\u2019s why Canadians have been turning to us since 2012 for speedy, smart and secure payday and installment loans. You can\u2019t plan for your car breaking down, your basement flooding, or a tree falling in your yard. However, you can plan on GoDay getting you the cash you need within 24 hours with our highly automated system.<\/p>\n\n\n\n

In a recent report<\/a> by the Financial Consumer Agency, they found that nearly two million Canadians use payday loans each year and due to the COVID-19 pandemic, more people are using the services of payday loan and installment loan companies. But how do you know if a payday loan is right for you<\/a>? GoDay offers both payday loans<\/a> and installment loans<\/a> to help fit your financial needs.<\/p>\n\n\n\n

What is a payday or short-term loan and is it different from an installment loan?<\/strong><\/h3>\n\n\n\n

Payday loan, short-term loan, there are many names for it. The most important thing about payday loans, including GoDay\u2019s online payday loans is to\u00a0understand how they work<\/a>. Expenses pop up unexpectedly, and in those cases, you need cash \u2013 fast. Sometimes you may not have the savings or cash readily available to help cover these costs. That is where GoDay is here to help. Some people rely on family or friends to get them out of difficult financial situations. However, for some, it may not be that easy and banks aren\u2019t always willing to give people a loan. We provide you with options when it comes to your finances. Whatever the case may be, there are many\u00a0reasons why people turn to payday loans<\/a> with GoDay.<\/p>\n\n\n\n

Thinking about getting a payday loan? Payday loans or short-term loans are just what they sound like – a type of short-term borrowing. Here at GoDay, we do payday loans differently<\/a>. We offer simple, smart, and secure online payday loans starting from $100 and all the way to $1500. Payday loan or short-term loan – whatever you like to call it, you should have options. That\u2019s why GoDay has been offering online payday loans across Canada<\/a> since 2012.<\/p>\n\n\n\n

Different than our payday loans, GoDay\u2019s online installment loans are a great option. They allow you to take out a larger sum of money with lower monthly payments. Installment loans offer you the flexibility of paying your loan back over several payments. This is often a benefit compared to the 30-day time frame of regulated payday loans. <\/p>\n\n\n\n

GoDay\u2019s installment loans provide our customers with flexible financial options. They’re customizable to your specific needs in terms of the loan amount and the length of time to repay it. Examples of why people get installment loans are for things like medical loans, auto loans, and personal loans. GoDay offers installment loans online for up to $15,000. Just like our payday loans, you can apply for installment loans with us online<\/a>.<\/p>\n\n\n\n

What are GoDay loans used for?<\/strong><\/h3>\n\n\n\n

There are many reasons you might need to borrow money. You may need to take care of unexpected expenses, cover medical costs, or help get you to your next pay cheque. Luckily, a GoDay payday or installment loan could help you access the cash you need.<\/p>\n\n\n\n

Things you may need an online GoDay payday loan for:<\/h6>\n\n\n\n