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 […]
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 […]
A payday loan is a short-term loan that can help you cover immediate cash needs until you get your next paycheck. Payday loans can be great options when you have an important expense that needs to be paid, but you’re waiting for cash (like your pay cheque) to come in. Is a payday loan right […]
Payday loan or short-term loan, this financial tool is one option when it comes to your finances. Payday loans from GoDay are the simple, smart and secure way to get the cash you need quickly and easily. In a recent report by the Financial Consumer Agency, nearly two million Canadians use payday loans each year. Whether you […]
We’re always looking for ways to help save you money and sometimes that means helping you start fresh or even find everyday ways to spend less. And we know that getting your finances in order can be tricky. It’s never as simple as we want it to be. However, there are common mistakes we can […]
Even though they say money can’t buy happiness, it’s hard to think otherwise when everything you feel you want to do and need in life has a dollar sign in front of it. But putting your money to work for you can put you on the path to be financially independent, to meet the savings […]
When it comes to making New Year’s resolutions, do you take your finances into consideration? If not- you should. Setting goals around your money and finances are more common than you would think. It doesn’t have to be something drastic either, but things like set a budget for yourself, learning how to invest or investing […]
Every year, a large proportion of Canadians face an unplanned emergency expense. And when those unplanned expenses come, do you have the savings set aside to ensure you can make all your payments? When it comes to making sure all your bills get paid and you’re not maxing out on all forms of payment methods, […]
Do you have money goals? Or are you finding that you are struggling to keep track? Here at GoDay we are all always looking for ways to help you save more money but the question is – what are you willing to do to put your financial future first? We also understand that life happens. Expenses […]
Is spending money easier than saving money? Do you find that you are spending more than you are making? You’re not the only one. But if you’re constantly wondering where your money is going it may be time for a new financial strategy for you to meet your financial goals. Overspending can also lead to […]
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.
