Now that Black Friday is over, it is the official kick-off to the holiday season. And when it comes to your budget, now is the best time to get your wallet prepared to avoid the looming January credit card bills. Is it possible to even avoid this financial hangover? Yes, that’s why we give you […]
When it comes to choosing who to bank with, in Canada there are only a handful of options. Unless you’re banking with a credit union, which there is also a limited number of those, what bank do you bank with and why? There are the big five: Royal Bank of Canada (RBC), Canadian Imperial Bank […]
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 […]
At GoDay, we get a lot of questions when it comes to our payday loans. And we want to make sure you are getting the loan that works best for you. Whether you’ve been approved or rejected for a loan in the past, there are ways that you can be a responsible payday loan borrower. […]
Everyone gets excited for payday! But are you one of those people who gets paid and a week later you’re wondering where all your paycheck went? If you’re finding that your paycheck isn’t lasting you till next payday you may want to take a look at your spending or consider a payday loan. Our GoDay services […]
Spending money is much easier than saving money. And a lot of the time we’re questioning where all of our money goes? Yes, there are the essentials like bills, kids, and other payments, but what about those everyday essentials? Have you done a budget audit to see where your money is going and how you […]
Financial stress has a way of creeping into daily life. It affects the way you think, sleep, work, and make decisions. For many Canadians, it often feels like a quiet weight you carry through every part of your week, even when nothing obvious has changed. Rising costs, unexpected bills, and the pressure to keep up […]
We’ve all been there. The months we over spend and end up not saving. But before this becomes a regular habit, get yourself back on track by tightening the savings belt. It is always easier said than done, but when it comes to your money, we are way better spenders than we are savers. It’s […]
What would you say is your worst spending habit? Is it a specific item? Everyone has them and these habits can be a variety of things depending on your lifestyle and interests. But what bad spending habits can often allude to are bad savings habits. And as much as we would all like to spend […]
How do you keep track of your funds? Do you have a budget currently in place? IF so, what helps keep your budget on track? When it comes to creating a budget list, there are many things you need to keep in mind to make sure you’re not missing out on any opportunities to save. […]
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.
