It’s no surprise that December is the most expensive month of the year, but do you know how much you’re really spending this time of year? The amount people are spending this holiday season is up again from last year, averaging about $482 on gifts just this season alone. And that’s just gifts! According to […]
The results are in and it’s true. From October 20th to October 21st, 2017 an online survey was conducted among 1,523 randomly selected Canadian adults and according to CIBC’s latest results, 85% of Canadian citizens agree that they should be saving more money than what they currently are. In fact, BNN reported that eighty-five percent […]
Naturally, most people are much better spenders than we are savers. Especially when you’re putting purchases on credit cards compared to paying in cash and not physically seeing the impact of your spending. These guilty pleasure purchases have become a catchphrase that when you hear of someone “treating themselves”, the conversation usually follows up with […]
Some would argue that it is always shopping season, but according to Business Insider, in 2016, there were some key dates that were determined to be the busiest shopping days of the year, only in the months of November and December. Are you surprised by this? Everyone knows the holidays are a big spending time […]
Are you one the hundreds of thousands of Canadians that have cut the cord (and bill) on cable television? According to CBC, Canada’s major publicly-traded TV service providers lost a record number of subscribers in 2016. Those companies lost 202,000 TV subscribers in the past fiscal year, compared to 160,000 in 2015. What do you […]
When it comes to shopping, you have more options than ever with the internet and our mobile devices constantly connected and only being a few clicks away. This means changes in the retail market have advanced and created new ways to shop. And if a store isn’t online, they’re behind and missing out big time. […]
There are many different kinds of shoppers out there. Those who only shop online, those who only shop when they absolutely need something or there’s a special occasion, or those who shop as a hobby because they genuinely enjoy it. Regardless of how you spend your money, there are always items that we can be […]
When it comes to back to school season, it can be a stressful time for both students and parents for many different reasons including financially. No matter what age or grade a student is going into, school expenses can be costly. That’s why we’ve rounded up our favourite back to school tips to make sure […]
When it comes to moving, there are many surprise costs that can come up. You would think that moving to a new property it is the physical place that you are moving into that is the only thing that is going to cost you, but you would be surprised how much moving from one place […]
Debt is one of those words no one likes to hear. According to Investopedia debt can be defined as, “an amount of money borrowed by one party from another. Debt is used by many corporations and individuals as a method of making large purchases that they could not afford under normal circumstances. A debt arrangement […]
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.
