Your first loan is one of those quiet moments that changes how you see yourself. It signals responsibility, independence, and the beginning of a lifelong relationship with money. Yet many young Canadians reach this milestone without fully understanding how loans work or how repayment habits shape the future. When you know the basics, borrowing becomes […]
A new year always arrives with a quiet promise. The promise of a clean slate. The chance to reset your relationship with money. The moment to shift from hope to action. Whether last year felt steady, stressful, or somewhere in between, this is your opportunity to build financial goals that feel grounded, realistic, and achievable. […]
Impulse spending looks small in the moment. A treat, a pickup in mood, a quick reward after a stressful day. But over time, those moments become patterns, and those patterns begin to shape your financial stability. Many people blame impulse buying on a lack of discipline, yet the truth is far more layered. Impulse spending […]
Borrowing money when your credit history is less than ideal can feel discouraging. Many Canadians assume that once their credit score drops, access to credit disappears entirely. That assumption is understandable, but it is not entirely accurate. While traditional banks rely heavily on credit scores, alternative lending options exist that look beyond a single number. […]
Credit card debt weighs on more Canadians every year. Higher living costs, rising interest rates, and shifting financial priorities can make it feel difficult to regain control once balances begin to grow. Many people discover that minimum payments barely make a dent, and the longer the balance stays high, the harder it becomes to break […]
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 […]
Side hustle is a term you’ve probably heard a lot recently. That’s because it has become one of the most popular ways people make money nowadays. It has become the preferable option for business and workers in many cases for several reasons. Side Hustle Defined So what is a “side hustle”? According to Wikipedia, it […]
Digital payday loans offer speed and convenience. Why walk into a store when you can get the cash you need delivered to you in as little as an hour? However, the online lending space is tricky to navigate. First, you search reviews. Then you look for payday loans that suit your life. Finally, you try […]
The dress, the flowers, the venue, the food and drinks. The list for everything that goes into a wedding goes on and on – and so does the price tag. Planning a wedding can be stressful enough but adding in the costs that come with it can be overwhelming. One of GoDay’s favourite tips when […]
It is easier said than done when it comes to saving money. There are many resources out there helping with tips for spending less, or how to get better savings habits; but here at GoDay – we know life happens. That’s why Canadians have been turning to us since 2012 for speedy, smart and secure […]
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.
