Ontario payday loans are often wrapped in misconceptions. Just because a few lenders are disreputable, it certainly doesn’t mean all payday loan lenders and all payday loans are bad. Certainly, Ontario payday loans fill a void in the lending market. Many people can’t qualify for other loans. Either that, or their financial institutions don’t bother […]
Payday loans in Barrie can provide you with quick cash. However, you should realize they are only appropriate for urgent, immediate needs. Even though they can bridge a temporary cash flow gap, they’re not suitable for ongoing expenses. Nonetheless, they can be a viable alternative if you don’t have access to credit or you can’t […]
Payday loans in Hamilton aren’t all the same. While lenders do agree they are best used for urgent, immediate needs, they many not handle them in the same manner. Additionally, these loans are only a good solution in certain situations. For instance, they can bridge a temporary cash flow gap. However, they shouldn’t be used […]
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.
