Unexpected expenses are costs that appear suddenly and disrupt your regular financial routine, often without warning and without enough time to properly prepare. In Canada, these expenses commonly include vehicle repairs, prescription medication, emergency pet care, urgent travel, utility spikes, home maintenance issues, and childcare disruptions. While many people assume financial emergencies only involve major […]
Debt does not always arrive dramatically. More often, it builds quietly. A missed payment here, a higher balance there, and suddenly the numbers no longer feel manageable. For many Canadians, this is the moment when terms like “consumer proposal” begin to surface. It can sound intimidating at first, but in reality, it is a structured, […]
Tax season in Canada often arrives with mixed emotions. For some households, it brings the welcome prospect of a refund. For others, it introduces new expenses, unexpected balances owing, or temporary financial strain while waiting for money to arrive. Even when refunds are expected, processing times can stretch for weeks depending on filing methods, verification […]
Borrowing has become faster, more accessible, and more digital than ever before. Canadians can apply for credit from their phones, receive decisions quickly, and manage repayment online. Yet convenience has introduced a quieter risk that many borrowers do not fully understand. Loan stacking. It is not always intentional, and it does not always begin with […]
Some months feel generous. Others feel tight before they even begin. When your income shifts from one month to the next, budgeting can feel less like planning and more like reacting. You might know how to earn, invoice, or hustle, yet still feel uncertain about what is safe to spend, save, or commit to. This […]
Your first loan is one of those quiet moments that changes how you see yourself. It signals responsibility, independence, and the beginning of a lifelong relationship with money. Yet many young Canadians reach this milestone without fully understanding how loans work or how repayment habits shape the future. When you know the basics, borrowing becomes […]
A new year always arrives with a quiet promise. The promise of a clean slate. The chance to reset your relationship with money. The moment to shift from hope to action. Whether last year felt steady, stressful, or somewhere in between, this is your opportunity to build financial goals that feel grounded, realistic, and achievable. […]
Impulse spending looks small in the moment. A treat, a pickup in mood, a quick reward after a stressful day. But over time, those moments become patterns, and those patterns begin to shape your financial stability. Many people blame impulse buying on a lack of discipline, yet the truth is far more layered. Impulse spending […]
The holiday season is supposed to feel magical: warm lights, cozy gatherings, surprise gifts, and laughter around the dinner table. But for many Canadian families, it also carries a quiet undercurrent of worry. What if something unexpected blows the budget? A delayed flight, a last minute gift emergency, a surprise medical bill, or a sudden […]
Life doesn’t always line up with due dates. An unexpected bill, a short paycheque, or a forgotten reminder can mean a loan payment slips by. If that happens, what’s next? Do you face immediate damage to your credit? Will collectors call? Can the lender take legal action right away? These concerns are common, and valid, […]
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.
