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.
The best payday loans online aren’t the ones found on flashy websites promising you instant money. Many of these lenders hope you won’t take the time to find out what sets the best payday loans apart from the rest. Instead, they try to impress you with a fancy website. The problem is that some lenders […]
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 […]
A Canadian payday loan can offer the money you need to fulfill a modest financial need for the short-term. It may a good alternative if you are unable to borrow from friends or family or when you don’t have access or don’t want to use other credit products. While many lenders offer payday loans, you […]
An online payday loan eliminates in-person visits to a lender. It is so convenient it really doesn’t make sense to take time out of your busy schedule to visit an office anymore. The added bonus is that the entire process is very fast. There’s no quicker way to get cash when you need it in […]
A payday loan is one of many financial solutions available to Canadians. It is popular, because it can provide fast cash for immediate needs until you receive your next pay cheque. However, it is important to understand how it works, when it is appropriate to use a payday loan, and how to identify a good […]
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 […]
A payday loan is a short-term loan that can help you cover immediate cash needs until you get your next paycheck. Payday loans can be great options when you have an important expense that needs to be paid, but you’re waiting for cash (like your pay cheque) to come in. Is a payday loan right […]
Sales are often our justification for buying. Those emails promoting an exclusive, limited time on enticing items can really reel you in. You might feel you’re missing out unless you shop. Of course, that’s what sales are designed to do. They convince us that we need to buy something, even when we don’t really need […]
Payday loan questions should be answered before you decide to borrow. GoDay understands that the information out there can be misleading or incomplete, leaving you to wonder whether if a payday loan can be the right option for you. That’s why we compiled five of our more commonly asked payday loan questions. Plus, we’ll define […]
An emergency fund can help you handle life’s ups and downs, which you can never anticipate. Being prepared for unexpected events in your life can be challenging, but it is doable. The pandemic has shown us that you never know what could happen. An emergency fund can lighten the blow and provide you with the […]
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.
