For many Canadians, a low credit score can make traditional borrowing difficult. Banks often rely heavily on credit history when evaluating applications, which means people with limited credit records or past financial challenges may struggle to access conventional lending products. That does not mean borrowing options disappear entirely. Across Canada, specialized lenders offer financial products […]
Online payday loans in Ontario fill a gap in the lending market. Many people don’t have access to credit cards or a line of credit. Additionally, most people don’t want to borrow from family or friends, unless they absolutely have to. However, payday loan lenders and the loans themselves can vary greatly. On the surface […]
Small loans in Canada aren’t as easy to find as you might think. Traditional financial institutions seldom offer them, since they believe a credit card or a line of credit can fulfill this need. However, many people don’t have access to either of these products. This could be due to a limited credit history, no […]
Online loans may not seem the most likely way to get money when you need it quickly. You may think it is faster and more efficient to apply in-person. However, you will need to take time out of your busy day to visit an office. You’ll also need to find parking and perhaps wait in […]
Cash loans offer a great way to get money quickly when you’re in a tight spot. They’re a trusted lifeline for Canadians when they face an unexpected situation. However, they’re not meant to top up one’s bank account, because you’re unable to handle your money properly. If you find yourself in a sudden financial bind, […]
Payday loans in Canada offer a way for people to find smaller sums of money quickly, when they need it. They can be a good option if you can’t, or don’t want to borrow from a bank, family, or friends. All you need to do is input the term “payday loans in Canada” into a […]
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 […]
Payday loan questions should be answered before you decide to borrow. GoDay understands that the information out there can be misleading or incomplete, leaving you to wonder whether if a payday loan can be the right option for you. That’s why we compiled five of our more commonly asked payday loan questions. Plus, we’ll define […]
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 […]
Move over cash, you are no longer king. And as technology continues to advance, we have moved from signatures to swiping, inserting, tapping and even facial or fingerprint recognition on a mobile device to make payments and accessing funds. Take a look at GoDay and how our payday loans work, we are completely online and […]
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.
