Key facts about GoDay
- Loan type
- Payday loan
- Cost per $100 borrowed
- $14
- Repay on a $500 loan
- $570
- Rate / cost disclosure
- $14 per $100 borrowed; about 365% as an annual rate on a 14-day loan
- Maximum loan amount
- $1,500
- Typical loan term
- Up to 62 days
- Funding speed (lender’s statement)
- e-Transfer in about an hour once approved (reported)
- How to apply
- Online
- Service type
- Online
- Provinces served
- Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan
- Head office / service area
- Toronto, Ontario
Is GoDay licensed?
| Province | Licence number | Status | Last checked | Verify |
|---|---|---|---|---|
| Alberta | 347297 | Published by lender | November 14, 2026 | Service Alberta and Red Tape Reduction |
| British Columbia | 67513 | Published by lender | November 14, 2026 | Consumer Protection BC |
| Manitoba | 77938 | Published by lender | November 14, 2026 | Manitoba Consumer Protection Office |
| New Brunswick | 170060377 | Published by lender | November 14, 2026 | Financial and Consumer Services Commission (FCNB) |
| Nova Scotia | 242482555 | Published by lender | November 14, 2026 | Service Nova Scotia |
| Ontario | 4726423 | Published by lender | November 14, 2026 | Consumer Protection Ontario (Ministry of Public and Business Service Delivery) |
| Prince Edward Island | 41825 | Published by lender | November 14, 2026 | PEI Consumer Services |
| Saskatchewan | 316782 | Published by lender | November 14, 2026 | Financial and Consumer Affairs Authority of Saskatchewan (FCAA) |
Registries change daily. Confirm the licence yourself before you borrow.
What stands out
- Licensed in eight provinces
- Fully online, including after hours
- A licence number is published for every province served
What to watch
- Maximum legal cost
- No in-person service
- Application asks for a Social Insurance Number, which some borrowers prefer not to share
Who is GoDay?
GoDay is one of the widest-reaching online payday lenders in the country: eight provinces, each with its own published licence number. There are no stores. You apply on the website, receive an automated decision and, if approved, get the money by e-Transfer.
Who is GoDay suited to?
A reasonable choice if you live somewhere fewer online lenders operate, such as Saskatchewan or PEI. Like most of its competitors it charges the full $14 per $100, so the reason to pick it is coverage and convenience, not price.
Can you cancel?
Provincial law gives you a short cooling-off period to cancel a payday loan at no cost — two business days in Ontario, British Columbia and Alberta.
What if a payment fails?
A returned payment can trigger a one-time lender fee, and your bank may add its own NSF charge. Check the agreement for the exact amounts.
Sources
Editorial review completed November 14, 2026. Ratings are our opinion, not customer reviews — see the Editorial Policy.