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 […]
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 […]
It happens. Where you spend more than you remember, or more than you expect to and there goes all the savings you’ve worked so hard to maintain. But we’ll give credit where credit is due; you have a budget in place to have blown when a lot of people don’t even have that. Because that’s the […]
The payday loan industry is frequently in the news, especially when it comes to short-term loan usage and the deregulations within the loan industry. This week, there were quite a few articles about payday loans that caught our attention including an article by Huffington Post Canada on how payday lending in Canada has doubled as […]
When it comes to a payday loan, people use them for all kinds of reasons. Whether it is to pay bills, you are financially strained at certain times of the year such as Christmas or back to school season, or if you just need to stay afloat until your next paycheck, there are all kinds of […]
When it comes to applying for a payday loan, there are many things to take into consideration. Depending on the cash you need, there are different types of loans out there for anyone’s financial situation. But when it comes to a GoDay loan, there are many things that make use different compared to other lenders. […]
When it comes to financial assistance there are many options out there. It could be a payday or short term loan, a line of credit, or borrowing from a friend or family member. But there are a few key differences when it comes to using GoDay compared to any of the other alternatives. That’s why […]
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. […]
A payday loan isn’t for everyone, and here at GoDay we will tell you that. GoDay likes to see customers use us to get back on track financially, not further behind. And there are times we will have to say no to people because our loans may not be the right fit for you at the […]
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.
