When it comes to finding new ways to save money, you have to mix it up every once in a while if you find something’s not working for you. One of the ways you can help curb your spending is by trying the “cash only challenge”. You’re probably wondering how this could help you save […]
When it comes to food, the costs keep getting higher and higher. This isn’t only seen in the grocery stores, but also really takes a hit when it comes to local restaurant food costs as well. Your favourite dish may go up by a few bucks because everyone is trying to keep up with the […]
We’re all always looking to save more money, but when it comes down to it, what are you willing to sacrifice to save? We’ve become accustom to some of these things that we think we “need” them because we’ve had them for so long, when really it’s more of a “want” and would be just […]
Growing up, how did you learn about money and financial literacy? Was it something you wished you had been taught earlier? When it comes to financial literacy a lot of people believe in hands-on experiences and teaching themselves with their own finances. And what about teaching your kids about money matters? We’ve previously talked about […]
In January 2017, new payday loan regulations were implemented in Ontario. As of January 1, 2017, the maximum total cost of borrowing for a payday loan went from $21 to $18 per $100 borrowed. And as much as each province has different regulations when it comes to payday loan industry, it is changes like this to […]
With 2016 quickly coming to an end, there are a few tax tips to keep in mind. No, it’s not officially tax season, but Yahoo Finance reports that 77 per cent of people don’t even think about their taxes until the New Year, and almost half (48 per cent) wait until just before they file […]
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 […]
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 […]
It is very common for couples to join their finances once they tie the knot. And after paying for the wedding, married couples enter a new financial challenge of merging expenses and managing budgets together. You now have two different people who were raised differently when it comes to money and personal money goals, joining […]
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.
