Online payday loans in Ontario fill a gap in the lending market. Many people don’t have access to credit cards or a line of credit. Additionally, most people don’t want to borrow from family or friends, unless they absolutely have to. However, payday loan lenders and the loans themselves can vary greatly. On the surface […]
Online loans offer so many advantages, it is hard to narrow it down. However, the following are some of the most notable regarding payday loans and installment loans that you are sure to love. 1. Extremely Convenient Undoubtedly, the greatest advantage of online loans is convenience. You don’t need to book an appointment, drive to […]
Canadian online payday loans aren’t a new product. However, they can vary greatly between lenders. It is important you understand how they work and the differences between them and other borrowing options. You’ll also want to know which factors you should consider when you’re deciding where to borrow. Consequently, we’re offering you this information so […]
Have you noticed that your regular grocery shops may be costing more than usual? If so, you are not alone. Food prices are continuing to rise – and people are looking for ways to cut costs and save on their grocery bills. As with everything else, supply chain issues caused by the COVID-19 pandemic have […]
Side hustle is a term you’ve probably heard a lot recently. That’s because it has become one of the most popular ways people make money nowadays. It has become the preferable option for business and workers in many cases for several reasons. Side Hustle Defined So what is a “side hustle”? According to Wikipedia, it […]
Digital payday loans offer speed and convenience. Why walk into a store when you can get the cash you need delivered to you in as little as an hour? However, the online lending space is tricky to navigate. First, you search reviews. Then you look for payday loans that suit your life. Finally, you try […]
Online payday loans offer distinct benefits. However, they aren’t for everyone. Sometimes they don’t suit a person’s needs or their financial situation. Conversely, they could be ideal. Nonetheless, it is impossible to make an informed decision unless you understand how they work. Luckily, this article provides you with an in-depth look into the workings of […]
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 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 […]
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.
