Loans FAQ

How does ths service work?

Go Loan offers many types of personal loans including payday loans plus many mortgage, debt and credit solutions for Canadians of any credit, as well as business financing.

Our Online Service is Easy as 1-2-3

  1. - Select your loan type
  2. - Submit your application
  3. - Recieve your loan offer

What can the loan be used for?

The use of the loan is at your discretion. Many people use them to meet an unexpected expense, or to pay off some bills. You use the money as you see fit.

How much can I borrow?

You can apply for a loan between $100 and many thousands. The lender will decide, based on your application, how much you can qualify for. After successful repayment of your loan, your loan amount may increase on any future loans.

How do I qualify for a loan?

To qualify for a loan, you must:

  • Be a citizen or resident of Canada
  • You must be at least eighteen (18) years old
  • You must be currently employed
  • You must have an active bank account

What is the procedure to apply for a payday loan online?

Complete and submit the application found on our website. The application itself takes just a couple of minutes. In most cases the application is reviewed and approved instantly.

What information do I need to complete the application?

We need your name, address, contact details, employment information, and banking details in order to complete your payday loan request.

How and When do I get the money?

The money is deposited into your bank account by electronic transfer usually within 24 hours of being approved.

Is my personal and financial information secure?

We respect our customer's right to privacy in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive data transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.

Is there an application fee?

This website does not charge a fee to the applicant. The cost of the loan will vary by the lender, the amount of the loan and the province in which you live. Before you agree to the terms, please review them carefully.

Does submitting an application obligate me to take out a loan?

No. Submitting an application simply states that you wish for one of the agents to approve and contact you to discuss your loan options. You may ask them any questions, and withdraw your request if you choose to do so.

What if I have bad credit?

Even with bad credit you can still qualify for a loan. Your credit score is not a factor in receiving the loan in most cases.

How is the loan repaid?

The loan amount and applicable fees will all sent to you from the lender. You do not need to do anything.