Getting in on a piece of the stock market can be tempting for anyone, but there are a lot of people quite intimated by the process. Despite the popularity of the stock market, not everyone fully understands the ins and outs of what they are investing in. If you are looking to invest with the […]
In our re-vamped weekly segment, Common Cents Wednesdays, we help explain simple-to -complex financial terms. This week, we’re covering ‘arbitration’, ‘back-end ratio’ & ‘collateral mortgage’. It might sound like a super dry read, but since you’re in the “Cafe” grab a Timmies doughnut to sweeten the knowledge. We won’t tell. Arbitration Arbitration is basically a […]
One of our staff was recently discussing an offer they received from a company that also offers a major credit card. Since they’re signed up with the company to receive points every time they do a certain activity or buy certain things, the marketing side of the company has enough information to pitch a new […]
Have an exciting weekend across the border planned? How about a long vacation in Spain? Shopping for travel insurance definitely isn’t as fun as the trip itself (or even any other part of trip preparation), but being prepared is essential. You’re probably super busy packing, preparing for pet sitters and all the wonderful things that go […]
In our re-vamped weekly segment, Common Cents Wednesdays, we help explain simple-to -complex financial terms. This week, we’re covering ‘accounts payable’, ‘collateral’ & ‘balance sheets’. It might sound like a super dry read, but since you’re in the “Cafe” grab a Timmies doughnut to sweeten the knowledge. We won’t tell. Accounts Payable This one can sure be […]
In our re-vamped weekly segment, Common Cents Wednesdays, we help explain simple-to -complex financial terms. This week, we’re covering ‘audit’, ‘bookkeeping’ & ‘credit rating’. It might sound like a super dry read, but since you’re in the “Cafe” grab a Timmies doughnut to sweeten the knowledge. We won’t tell. Audit Does this word strike fear […]
Buying a new, or new-to-you, car is a totally emotional experience for many people. It’s the combo of the letting go of your trusty old ride to the excitement of getting something brand new. Or, maybe the old ride wasn’t so trusty and you’re just happy to move onto bigger and better things. Regardless of […]
Not our typical lengthy post, but we wanted to bring attention to some interesting activity happening in Guelph, ON. According to Guelph police, thieves have used neighbouring businesses to get access to “The Cash Store” retail locations which they robbed; $40,000 at one and $50,000 at the other. Both robberies occurred within a 2-month time […]
We all want to save money, but sometimes we go about it in the wrong way. You know what we’re talking about – you look to your discretionary income, however large or small it might be, and think “my savings has to come out of this!”. But experts say this is the worst place to […]
Payday loans don’t have a great reputation, even in areas where they are highly regulated. This is due to, unfortunately, lack of responsible lending practices for the majority of their existence. At GoDay.ca, we’re often fighting the battle of proving that you can indeed get a payday loan from a reputable & financially responsible […]
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.
