By the GoDay.ca Customer Education Team. GoDay is licensed to issue online payday loans in Alberta and has funded short-term loans for Calgary residents since 2012. Key Takeaways A payday loan in Calgary is a short-term, unsecured loan of $1,500 or less, repaid in scheduled installments over 42 to 62 days. That structure sets Alberta […]
By the GoDay.ca Customer Education Team. GoDay is a licensed Canadian online lender that has funded short-term loans by Interac e-Transfer and direct deposit since 2012, including on weekends. Key Takeaways A weekend loan is a short-term loan that you can apply for and receive outside banking hours, usually on a Saturday, a Sunday, or […]
By the GoDay.ca Customer Education Team. GoDay has issued online payday loans to Vancouver residents since 2012 under Online BC Payday License number 67513. Key Takeaways Managing unexpected household expenses in British Columbia requires a clear strategy. While legacy banking applications often take days to process, modern digital platforms offer faster alternatives. As an established […]
By the GoDay.ca Customer Education Team. GoDay is a licensed Canadian online lender that has funded short-term loans by Interac e-Transfer and direct deposit since 2012. Key Takeaways An e-Transfer loan is a short-term loan that a lender funds by sending the money to your bank account through Interac e-Transfer rather than by cheque or […]
Key Takeaways After your regular expenses are covered, you have some money left. Do you use it to pay down debt or put it into savings? It’s not always an easy decision. Putting more toward debt can reduce what you’re paying in interest and help you make progress on your balances. But if you put […]
For many newcomers, one of the biggest surprises is how difficult everyday financial life becomes without Canadian credit history. Renting an apartment becomes harder. Phone plans require larger deposits. Car financing costs more. Even basic borrowing options may suddenly feel out of reach. The reality is simple. In Canada, credit history acts as proof of […]
Unexpected expenses are costs that appear suddenly and disrupt your regular financial routine, often without warning and without enough time to properly prepare. In Canada, these expenses commonly include vehicle repairs, prescription medication, emergency pet care, urgent travel, utility spikes, home maintenance issues, and childcare disruptions. While many people assume financial emergencies only involve major […]
Debt does not always arrive dramatically. More often, it builds quietly. A missed payment here, a higher balance there, and suddenly the numbers no longer feel manageable. For many Canadians, this is the moment when terms like “consumer proposal” begin to surface. It can sound intimidating at first, but in reality, it is a structured, […]
Tax season in Canada often arrives with mixed emotions. For some households, it brings the welcome prospect of a refund. For others, it introduces new expenses, unexpected balances owing, or temporary financial strain while waiting for money to arrive. Even when refunds are expected, processing times can stretch for weeks depending on filing methods, verification […]
Borrowing has become faster, more accessible, and more digital than ever before. Canadians can apply for credit from their phones, receive decisions quickly, and manage repayment online. Yet convenience has introduced a quieter risk that many borrowers do not fully understand. Loan stacking. It is not always intentional, and it does not always begin with […]
British Columbia: The APR on a $300.00 loan for 14 days in BC is 365% at the rate of $14.00 per $100 borrowed. Online BC Payday License # 67513.
Ontario Residents: The cost of borrowing at GoDay.ca is $14.00 per $100.00 for each $100.00 advanced. On a $500.00 loan for 14 days, the cost of borrowing is $70.00, with a total payback amount of $570.00 and an annual percentage rate of 365%. The maximum allowable cost of borrowing under payday loan agreements is $14.00 for each $100.00 advanced.
New Brunswick Residents: The maximum charges permitted for a Payday Loan is 14% of the principal. We charge $14 per $100 borrowed. On a $300 loan for 14 days, the total cost of borrowing is $42, with a total payback amount of $342 and an APR of 365%.
Nova Scotia Residents: The total cost of borrowing $100.00 for 14 days is $14.00. Payday Loans are High Cost Loans.
Saskatchewan Residents: The maximum allowable cost of borrowing under payday loan agreements in Saskatchewan is $14 per $100 borrowed. We charge $14 per each $100 borrowed. On a $300 loan for 14 days, the total cost of borrowing is $42, with a total payback amount of $342 and an APR of 365%.
Manitoba Residents: The APR on a $300.00 loan for 12 days is 425.83% on a rate of $14.00 per $100.00 borrowed. To learn more about your rights as a payday loan borrower, contact the Consumer Protection Office at 1-204-945-3800, 1-800-782-0067 or at www.manitoba.ca/cca/cpo.
Alberta Residents: The APR on a $300 loan for 42 days is 121.67% for a borrower who is paid weekly on a rate of $14.00 per $100 borrowed.
PEI Residents: The cost of borrowing at GoDay.ca is $14.00 per $100.00 per each $100.00 advanced. On a $300.00 loan for 14 days, the cost of borrowing is $42.00, with a total payback amount of $342.00. The maximum allowable cost of borrowing under payday loan agreements is $14.00 per each $100.00 advanced.
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.
