Is GoDay legit?

_{GoDay legit, if GoDay is legit, Saskatchewan}

GoDay is a financial company in Canada, and although licensed by Ontario’s Ministry of Consumer Services they have an abosolute garbage rating by the BBB. Find a better solution that is tailored for you. Payday loans should only be used in absolute emergencies and even then, they should be avoided! They are predatory and charge 340% interest per year. 340%! Don’t get sucked in. There are options - we can help! Reach out via phone, text or live chat if you have any questions.

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_{GoDay: A legitimate financial company with high interest rates.}

Goday Legit Question

Is GoDay legit? Is GoDay a legitimate financial company or service that I can trust?

From: Anonymous Question
Location: Regina, Saskatchewan (SK)
Category: debt consolidation

Goday Legit Answer

GoDay is a warned-against player in the Canadian financial scene. They’re licensed by Ontario’s Ministry of Consumer Services and have been with the BBB since 2015 but they don’t have a good score or good reviews. Operating within the Payday Loans Act’s rules, GoDay is part of the Canadian Consumer Finance Association. Payday loans should only be used in absolute emergencies and really, even then, they should not be used. They are predatory and charge 340% interest per year. 340% is wild! There are options - we can help!

From: Insider Adam

Office of the Superintendent of Bankruptcy (OSB) Answer

I cannot determine if GoDay is a legitimate financial company or service that you can trust based solely on the provided legal documents. These sources pertain to legislation and regulations regarding bankruptcy and insolvency in Canada, specifically the Bankruptcy and Insolvency Act and its related regulations. For an assessment of GoDay’s legitimacy, it is recommended to look for customer reviews, regulatory registrations, and any complaints lodged with authorities. Please also check with the Office of the Superintendent of Bankruptcy Canada to see if they have any relevant information regarding GoDay.

From: OSB Helper

Related Questions to If Goday Is Legit

Here are the top 5 most frequently asked questions related to the legitimacy of GoDay, formatted in markdown:

1. Is GoDay a legitimate lender?

• Yes, GoDay is a legitimate lender accredited by the Better Business Bureau (BBB) and regulated by the Canadian Consumer Finance Association (CCFA)[1][2][4].

2. What are the interest rates for GoDay loans?

• The interest rates for GoDay loans depend on the loan amount and loan period[1].

3. How long does it take to get approved and receive funds from GoDay?

• Approval and funding times can vary, but GoDay aims to provide funds within 1 hour, although some customers have reported delays[1][4].

4. Can I get a loan from GoDay with poor credit history?

• Yes, it is possible to get a loan from GoDay even with poor credit history, though approval is not guaranteed[1].

5. Is GoDay safe to use and secure?

• Yes, GoDay is considered safe to use, with a valid SSL certificate and a high trust rating from ScamAdviser[1][2].

If you have a question about debt see our debt questions or ask your own debt related question.

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