We don’t like to tell you how to spend your hard earned cash, but when it comes to our customers we always have your best financial interests at heart. And as difficult it may be, we sometimes have to point out the obvious, even if that means your bad financials habits. Everyone has their personal […]
Living within your means? It sounds easy, right? Well, you would be surprised as to how much people are constantly overspending and thinking that things are within their means when they surprisingly aren’t. This is very common when it comes to materialistic goods. Living in a society where the latest gadget is a “must have” […]
When it comes to your finances, we all have financial obligations and responsibilities. And it can be a lot of pressure when so many bills and money matters are coming out of your account at once. Where you are financially and age also makes a difference when it comes to setting financial goals. Students won’t […]
Growing up, how did you learn about money and financial literacy? Was it something you wished you had been taught earlier? When it comes to financial literacy a lot of people believe in hands-on experiences and teaching themselves with their own finances. And what about teaching your kids about money matters? We’ve previously talked about […]
We can all use more money, right? But when it comes to budgeting and your savings account, we all like to see those numbers rise. So when you’re starting to feel financially comfortable, that’s when you should be making smart financial decisions and figuring out what the next steps with your money should be. That’s […]
With only a few days to go and the celebrations in full swing, it’s no surprise that this is a time where your wallet is being put to use. So are you done all your shopping? How many last minute items will you have to go out and grab in a rush? Have you stayed […]
It’s no surprise that the financial crunch of the holiday season is upon us. And before you suffer from the January credit card hangover, we’re here to help. At GoDay, this time of year is one of the busiest for us and we’re working hard for you. We’ve talked before about how the holiday season […]
It’s that time of year. December is officially here; and this means all you we will all hear are Christmas carols in every retail store and flashy decorations in every window. So now that Black Friday and Cyber Monday have officially come and gone, it’s time to get ready for the holiday season and all […]
Did you know November is Financial Literacy month? The Financial Consumers Agency of Canada (FCAC) and the Financial Literacy Leader has helped to coordinate and increase collaboration between organizations from the private, public and non-profit sectors to promote financial literacy for Canadians of all ages. This means that t throughout November; everyone across Canada is […]
There is no surprise that the issue of rising hydro rates in Ontario is an ongoing topic of discussion throughout the news, and there have been many articles written about how this increase is drastically affecting everyday living expenses. Are you one of the people affected by rising hydro prices? Have you noticed an increase […]
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.
