Ontario payday loans are often wrapped in misconceptions. Just because a few lenders are disreputable, it certainly doesn’t mean all payday loan lenders and all payday loans are bad. Certainly, Ontario payday loans fill a void in the lending market. Many people can’t qualify for other loans. Either that, or their financial institutions don’t bother […]
For many Canadians, a low credit score can make traditional borrowing difficult. Banks often rely heavily on credit history when evaluating applications, which means people with limited credit records or past financial challenges may struggle to access conventional lending products. That does not mean borrowing options disappear entirely. Across Canada, specialized lenders offer financial products […]
Toronto payday loans are available in many places. However, they certainly aren’t created equal. Some products are easy to access and ethically-handled. Others are best avoided. Luckily, you can find what you need to know here. You can obtain good Toronto payday loans easily, when you know what to look for. Look for a Payday […]
Online payday loans in Ontario fill a gap in the lending market. Many people don’t have access to credit cards or a line of credit. Additionally, most people don’t want to borrow from family or friends, unless they absolutely have to. However, payday loan lenders and the loans themselves can vary greatly. On the surface […]
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.
