The holidays are coming and with it they can bring a feeling of dread for many hardworking Canadians. If you’re low on cash, this expensive time of the year can be a workout for your budget. Just because your finances are out of shape doesn’t mean you have to miss out on the holidays. A simple payday loan can float the cash you need to keep things merry and bright.
Like most financial responsibilities, the holidays have a finite due date. When you’re working under a time limit, it’s nice to know that payday loans from lenders like GoDay are simple, convenient, and — most importantly — fast. In fact, online payday loans from them are processed by an automated system that knows no holiday. It’s running 24/7/365 to accept your applications. You’ll know if you qualify in as little as 5 minutes, with the possibility of same day deposit just an hour after approval.
Fast access to cash advances usually comes with one caveat: their repayment is on a shorter timeline. Typically, this means you have to pay back your loan, plus fees and interest, by the day of your next payday. Hence the name! If you can’t cover a short term advance of up to $500 by the next time you get paid, then this financial product might not be for you.
It’s important to know the rates, terms, and conditions before you accept a payday loan to make sure its assistance is a practical cash flow solution. Keep to those lenders that follow the standards set by the Canadian Consumer Finance Association (or CCFA for short). This third-party organization makes sure consumers like you are safe to search out short term loans. You can visit GoDay to get more information on what you should look for when seeking a company to work with.
If they aren’t associated with the CCFA, then chances are their rates and terms break provincial lending laws. Avoid those lenders to save yourself the financial trouble, sticking only with those that offer up responsible lending opportunities with no hidden fees.
Let’s face it — even when you say you’re keeping it small this year, the holidays have a way of going overboard. There’s no cheap way to travel across the country. Whether by train, plane, or automobile, you’ll pay for that cross-provincial visit back to Grandma’s. Santa’s list can turn into a never ending scroll of gifts and you — not the big man — are footing the bill. And to top it all off, necessary repairs and other small responsibilities can come your way alongside your holiday spending. Cover these and more with the help of a payday loan.