Are you looking for fast cash? A recent report by the Financial Consumer Agency found that nearly 2 million Canadians use payday loans each year. And that’s where people turn to us because GoDay is an online payday or short-term loan lender. But we’re not the only ones out there. Operating in eleven provinces and territories across […]
The holiday season is known to be one of the most expensive times of the year. Do you have your budget ready to know how much you’re spending? The amount people are spending this holiday season is up again from last year, averaging about $643 on gifts just this season. That’s why we give you the tips to […]
Big news! GoDay is now an official online payday loan/short-term loan lender in the province of Nova Scotia. This is the sixth Canadian province/territory GoDay is operating in. When it comes to personal loans, there are a couple of solutions you could look into. You could go through your bank and apply for a line […]
When was the last time you checked your credit score? Do you know what your current credit score is and what is on your credit report? Your credit score changes frequently and you never know when you will need a credit report. Especially in cases when they are required as a reference or as formal documentation. Even to […]
Can you go without an electronic device? Technology has taken over how we basically do everything and that includes us. Look at GoDay for example- we are an online payday loan/short-term lending company who does a majority of our business online. Not to mention you can apply from your computer, smartphone or tablet, and our highly automated […]
Have you ever been in a situation that set you back financially? One of those instances you didn’t see coming and you’re not financially prepared? If you have, then you know the financial stress that can come with it. And one of the biggest challenges is being able to bounce back and get your finances […]
Budgeting is the process of creating a realistic plan for how your money will be earned, spent, saved, and managed over time. Strong budgeting habits help Canadians prioritize essential expenses, reduce unnecessary spending, prepare for emergencies, and make more confident financial decisions during both stable and stressful periods. For many Canadians, budgeting has become less […]
There are many things in life that can happen unexpectedly and the surprise cost of home renovations is one of them. When it comes to doing home renovations, it’s easy to know what you want (who else has their Pinterest Boards ready), but there are times that you may also be caught off guard with […]
Do you know what your savings account looks like? There are those times – the months we overspend and end up getting payday loans to get us through until the next paycheck and not saving. According to CIBC’s 2017 survey results, 85 percent of Canadian’s agree that they should be saving more money than what […]
And how will you be paying? How we are spending our money has a huge impact on our budget. Because when it comes to your finances and how you spend and save your money, everyone is different. The same way GoDay is an online payday loan lender compared to a physical store you walk into, […]
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.
