Online loans offer so many advantages, it is hard to narrow it down. However, the following are some of the most notable regarding payday loans and installment loans that you are sure to love. 1. Extremely Convenient Undoubtedly, the greatest advantage of online loans is convenience. You don’t need to book an appointment, drive to […]
Payday loans online offer great advantages. However, some are better than others. So, how do you sort the good from the bad to find the best possible loan for your needs? This article provides you with the most important factors you should consider. It should also alert you to common pitfalls you will definitely want […]
Canadian online payday loans aren’t a new product. However, they can vary greatly between lenders. It is important you understand how they work and the differences between them and other borrowing options. You’ll also want to know which factors you should consider when you’re deciding where to borrow. Consequently, we’re offering you this information so […]
Have you noticed that your regular grocery shops may be costing more than usual? If so, you are not alone. Food prices are continuing to rise – and people are looking for ways to cut costs and save on their grocery bills. As with everything else, supply chain issues caused by the COVID-19 pandemic have […]
Short-term loans in Canada can offer you quick cash when you need it. They are often a good option if you don’t want to borrow against a credit card or from family and friends. However, the market is saturated with lenders. As a result, you will need more information to separate good products and lenders […]
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.
