goloans.ca

3.7
3.7 Based on 200 reviews

Online lending platform built for people that needs access to cash quickly. Take a loan so you never need a loan again....

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Average Rating

3.7

/
5

200 Reviews

5 Star
57%
4 Star
10%
3 Star
1%
2 Star
2%
1 Star
29%

All Reviews

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Review Time

Christine Habsburg
High interest rate which is to be expected from a payday loan company, but you have to pay $35 to re

High interest rate which is to be expected from a payday loan company, but you have to pay $35 to receive the e-transfer. Other loan places don’t charge a fee to receive a high interest loan

1
Date of experience: Apr 05, 2026
Randall Russell
I would give this company even less Stars Like -100 Stars because go loans could not get me a loan

I would give this company even less Stars
Like -100 Stars because go loans could not get me a loan for $3000.

I could not do the IBV instant bank verification

I reached out to their live chat line and was speaking to a person on the chat line and they said that they couldn’t approve my loan but they had another lender with fast approval and this is ended up being a total scam
Yes, it was the Apple Card scam and yes, I got scammed for over $5000. They sent me to Northern loans in Toronto supposedly and very distressing that my bank account has been frozen and I now owe over $5000 to repay this debt.
I would not recommend this company at all
This is caused me undo hardship. My bank account’s been frozen for over 30 days. They won’t release my funds until their fraud department goes through all this and the RCMP are involved. The Vancouver police are involved and this is a total scam. Stay away. Stay away stay away stay away stay away.
Charles R
This happened on March 4 2026

1
Date of experience: Mar 24, 2026
Pixie Pixie
Avoid at all costs

Very frustrating company to deal with. The process of trying to communicate with them during the initial loan application is tedious. Everything is done through a message system, I tried multiple times to call them and no one is ever available.I asked about a renewal as I only had a small amount left on my loan, they said they would process a renewal application and I hear nothing. When I checked my online account that evening, it showed the renewal was cancelled. I didn't hear anything back until the next day that "underwriting" had declined in some generic email and I had to wait until my current loan was paid off despite me stating I understood I would have to repay my remaining balance if I did a renewal.A short time later, I get an email that I was eligible for a renewal. I apply, and get declined with the same message about writing until my current loan was repaid. They clearly do offer renewals, and no tangible reason why I was declined as my payments were all on time and automatically withdrawn.After my final payment processed, I had to message through their system again requesting a renewal. Waited around until the next afternoon and then get told I'm declined and have to wait 30 days to reapply. My final payment cleared just fine, so again no discernible reason why I was declined other than some generic email about my "financial health".I get yet another email today about reloading, and again am told the same thing to reapply after 30 days.I'm not upset about being declined, I'm upset about all the time wasting, the misleading emails THEY sent and not just getting a clear answer.Awful company with poor communication.

2
Date of experience: Mar 24, 2026
Sonia Martineau
They approved me a week ago

They approved me a week ago. Because I got a flu and didn’t respond in time they cancelled it. Fine. But I reapplied and they denied me! Not recommended!!!!

1
Date of experience: Mar 21, 2026
Sylvia Guerra
I haven’t even been approved yet for…

I haven’t even been approved yet for nothing, and this company is making me so angry. 😠 I have tried to reach out plenty of times and no response still always get the same BS automated email that my loan status is still being reviewed !! Like really it takes two days to approve a loan. You can’t be that high in volume of customers there’s no way I have had payday loans before and currently still use them as it is a great quick way to have money when needed and like companies like this ruin it for good quality companies makes people sceptical on believing and wanting to keep the trust in other loan companies. These companies need to be shut down go loans and electoloan needs to go.

1
Date of experience: Mar 20, 2026
Randall Russell
This company is a scam …

I would give this company even less StarsLike -100 Stars because go loans could not get me a loan for $3000.I could not do the IBV instant bank verificationI reached out to their live chat line and was speaking to a person on the chat line and they said that they couldn’t approve my loan but they had another lender with fast approval and this is ended up being a total scam Yes, it was the Apple Card scam and yes, I got scammed for over $5000. They sent me to Northern loans in Toronto supposedly and very distressing that my bank account has been frozen and I now owe over $5000 to repay this debt.I would not recommend this company at allThis is caused me undo hardship. My bank account’s been frozen for over 30 days. They won’t release my funds until their fraud department goes through all this and the RCMP are involved. The Vancouver police are involved and this is a total scam. Stay away. Stay away stay away stay away stay away.Charles RThis happened on March 4 2026

1
Date of experience: Mar 03, 2026
BUR ROZE
Worst company

Worst company , scam, give inaccurate information do not use under any circumstances you will regret it.Much love

1
Date of experience: Feb 10, 2026
Lungevilkass
Simply criminals with a company

I had to take an emergency loan to avoid further charges, and now they are charging me an extra 165 they're going to pocket for a 200 payday loan. That is 82.5% interest.

1
Date of experience: Feb 08, 2026
Linda
Be cautious

Be cautious! This company was going to charge me $175 to borrow $250. I questioned this rate of interest as this seemed extremely high and the max payday lenders can charge is $14 per hundred. No one responded to the emails I sent questioning their fee and in turn I never went ahead with this application. Read everything before signing!

1
Date of experience: Feb 04, 2026
Gee Ahmed
Amount given to the client $350.00

Amount given to the client $350.00Consumer's debt paid by lender $245.00Express Deposit Fees $25.00Loan amount $620.00Total amount of interests planned $24.70Total amount of debit fees planned $3.00Total amount of debits plannedIs this even legal in Canada. $250 fees on $350 loan? They are not answering their phone calls and they keep sending conflicting messages. Look at all those hidden charges. I never ask for express deposit .

1
Date of experience: Feb 02, 2026

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