With the most expensive of the month upon us, are you financially prepared? December becomes the month where people reflect back on the year and see how things went for them and where they can improve, and money/finances are often a big part of those conversations. Did you make a financial New Years resolution last […]
That’s right, 2018 is just around the corner and what does that mean for you? People focus on many different things in the New Year, it’s a fresh start. So do you have any goals of your own or things you want to accomplish in 2018? For us, GoDay is will be four years old […]
When it comes to rising food costs, this is something that affects us all and something we should all be paying attention to. According to Canada’s Food Price Report for 2018, food prices are expected to rise another 1%-3% which is slightly lower than what was predicted for 2017, but none the less, still rising. There […]
When it comes to having an emergency fund, are you prepared if something were to happen? Your emergency fund is more than just a savings account, it should be ready for whenever the unexpected happens. Of course, we hope that you would never have to use such funds, but it is always better to be […]
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.
