A payday loan can provide quick cash for an immediate cash flow need. It is not meant for ongoing expenses, impulsive buys, or dream holidays.
Nonetheless, a payday loan can fulfill your financial needs when you are unable to borrow from your bank, credit card, family, or friends.
Payday loans online offer great advantages. However, some are better than others. So, how do you sort the good from the bad to find the best possible loan for your needs? This article provides you with the most important factors you should consider. It should also alert you to common pitfalls you will definitely want […]
Canadian online payday loans aren’t a new product. However, they can vary greatly between lenders. It is important you understand how they work and the differences between them and other borrowing options. You’ll also want to know which factors you should consider when you’re deciding where to borrow. Consequently, we’re offering you this information so […]
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 […]
Short-term loans in Canada can offer you quick cash when you need it. They are often a good option if you don’t want to borrow against a credit card or from family and friends. However, the market is saturated with lenders. As a result, you will need more information to separate good products and lenders […]
Payday loans in Ontario are a great way to access a small amount of money fast. They may help you if you’ve exhausted other options such as asking your parents or friends, or getting a cash advance on your credit card. However, payday loans can vary greatly between lenders. Plus, many people don’t understand what […]
Payday loans in Canada offer a way for people to find smaller sums of money quickly, when they need it. They can be a good option if you can’t, or don’t want to borrow from a bank, family, or friends. All you need to do is input the term “payday loans in Canada” into a […]
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 […]
Online payday loans offer distinct benefits. However, they aren’t for everyone. Sometimes they don’t suit a person’s needs or their financial situation. Conversely, they could be ideal. Nonetheless, it is impossible to make an informed decision unless you understand how they work. Luckily, this article provides you with an in-depth look into the workings of […]
GoDay paydays loans offer many advantages over our competitors. They can be a good solution if you’ve exhausted other means such as borrowing from friends and family. They are a good alternative if you can’t access other credit too as they’re tailored to short-term needs and paid off quickly. Here’s the basics of our GoDay […]
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.
