Don’t fall into the “little things” trap. Here are 15 ways you can start saving money right now. Money – who couldn’t use more of that polymer in their pocket? We’ve covered various ways to cut financial corners intelligently in the past, from saving money on your daily coffee run to full on credit card […]
It’s the little things that add up to a spending/savings problem. The regular trips to Starbucks, the weekly drop-in at your favourite department store or buying your lunch regularly instead of bringing it in. These little things might give the false indication that you can really afford to do it after all, if you couldn’t […]
Identity theft is a horrible, crippling experience for consumer victims. It takes precious time and resources to correct, and some of the worst cases have victims attempting to prove they are legitimately who they claim to be for years and years after being targeted. It can damage your credit if un-spotted. It’s not an understatement […]
Let’s just cut to the chase – the biggest payday loan critics are those who have never truly needed the service before. While we absolutely support the need for strict regulation to protect the consumer from usury (we are members of the Canadian Payday Loan Association after all), we recognize that there is a huge misunderstanding […]
Ontario, Alberta and New Brunswick residents: The cost of borrowing at is $15.00 per each $100.00 advanced. On a $300.00 loan for 14 days, the cost of borrowing is $45.00, with a total payback amount of $345.00. The maximum allowable cost of borrowing under payday loan agreements is $15.00 per $100.00 borrowed. Late-payment interest on your online payday loan is calculated at a rate of 59% per annum on any principal that is outstanding. There is also a one-time $50 fee for any dishonoured pre-authorized debit that comes back non-sufficient funds.
British Columbia residents: The APR on a $300.00 loan for 14 days is 391.07% at a rate of $15.00 per $100.00 borrowed. Late-payment interest on your online payday loan is calculated at a rate of 30% per annum on any principal that is outstanding. There is also a one-time $20 fee for any dishonoured pre-authorized debit that comes back non-sufficient funds.
Saskatchewan residents: The APR on a $300.00 loan for 14 days is 443.21% at a rate of $17.00 per $100.00 borrowed. Late-payment interest on your online payday loan is calculated at a rate of 30% per annum on any principal that is outstanding. There is also a one-time $25 fee for any dishonoured pre-authorized debit that comes back non-sufficient funds.
Nova Scotia residents: The APR on a $300.00 loan for 14 days is 495.36% at a rate of $19.00 per $100.00 borrowed. Late-payment interest on your online payday loan is calculated at a rate of 30% per annum on any principal that is outstanding. There is also a one-time $25 fee for any dishonoured pre-authorized debit that comes back non-sufficient funds.
Non Payment Policy: To collect on a loan in default GoDay.ca will utilize all collection practices available to the issuers of consumer credit in Canada.
Renewal Policy: We do not automatically renew payday loans.
