Is a cash advance the same everywhere? The annoying answer is both yes, and no. Yes, because the bottom line is you get advanced cold, hard cash, but also no, because there are different sources of cash advances. What are some examples? -You advance yourself cash off of your credit card. -Your spouse requests an […]
An online payday loan eliminates in-person visits to a lender. It is so convenient it really doesn’t make sense to take time out of your busy schedule to visit an office anymore. The added bonus is that the entire process is very fast. There’s no quicker way to get cash when you need it in […]
A payday loan is one of many financial solutions available to Canadians. It is popular, because it can provide fast cash for immediate needs until you receive your next pay cheque. However, it is important to understand how it works, when it is appropriate to use a payday loan, and how to identify a good […]
A payday loan is a short-term loan that can help you cover immediate cash needs until you get your next paycheck. Payday loans can be great options for when you have an important expense that needs to be paid but you’re waiting for a cash flow (like your paycheck) to come in. Is a payday […]
When it comes to finances, it’s easy to stress. Do you have enough saved? What if a costly emergency strikes? Will I be able to make ends meet? Will I have money for the future I want to lead? It’s normal for these questions to roll through our heads and for us to overthink and […]
You don’t need us to tell you how important it is to build your savings. However, how do you know if you are saving as much as you should be? Even if you are putting away money on a regular basis, are you doing all that you could be doing to build up those savings? […]
We’ve all been guilty of being sucked into a sale. We check our emails and almost on a daily basis you’ll see email after email promoting an exclusive sale, limited time, shop now or forever hold your peace. It’s easy for these sales to suck us in. To make us feel like we’re missing out […]
Payday loans or short-term loans are usually a small value loan that’s taken out for a short time, typically until your next payday. A payday loan can be a great way to get cash quick, and with very little red tape, in order to make ends meet when you’re in a pinch. Payday loans are […]
We all make bad financial decisions, or sometimes, we just put off thinking about our finances. We swipe our credit card, and don’t really look at our statements at all, or until it’s too late. It can be easy to forget about our finances and put off getting them in order or talking to a […]
Budgeting can be stressful for a lot of people. So stressful in fact that many people just don’t do it. Creating a budget for the first time can be daunting, especially when you don’t really know where to start. However, if you’re like most of us, you’ve probably felt stressed about your finances at some […]
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.
