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 […]
Money
Two Different Guelph “The Cash Store” Break-Ins
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 […]
Saving For A Rainy Day
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 […]
Why Responsible Lending Practices Matter
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 […]
The New Collection & Debt Settlement Services Act
In January of this year, it was announced that the law which managed debt settlement services in Ontario (providers or firms who negotiate settlements with a debtor’s creditor) would change significantly in July. Some have seen these changes as a positive thing, as the change in the law will allow these debt settlement providers to […]
Understanding the TFSA Withdrawal Rule
If you’re using, or interested in setting up, a TFSA (tax free savings account) you probably are interested in making the most of your savings. Just recently, the federal government doubled the amount you can put into your TSFA, from $5,000 to $10,000! However, upon digging around the wonderful world of the web, we realized […]
Getting a Loan from GoDay vs Other Lenders
The world of payday loans in Canada is different depending on which province you’re in, which company you’re dealing with and whether or not you’re choosing to apply for a payday loan online, or go into a retail store. However, there are some fundamental similarities between direct lenders (which are very different than indirect […]
Payday Loan Rules To Know
Canadian provinces offer some of the best payday loan regulations in the world. Though some provinces are currently working on implementing them for the first time, others like Ontario & British Columbia are paving the road to safer interactions, capped fees & other protections for consumers and lenders alike. What Should I Know Before Getting […]
5 Ways To Make Your Paycheque Last Longer
Consider this “5 Ways To Make Your Paycheque Last Longer” list more of a “budget overhaul” list than anything else! Are there ways you can tweak your spending to save you a little extra money between paycheques? Something minor might not seem worth it, but since a lot of Canadians are paid bi-weekly, even […]
Payday Loan Update: Hamilton, ON In The News
Payday loans are making headlines in Hamilton, ON, which also happens to be the city that HQ’s the Canadian Payday Loan Association. Hamilton is making the news recently as it could become the very first city in Ontario to regulate payday loan retail stores at a municipal level. The reason? City councillors think that […]
