单词 | payday loan |
释义 | payday loanWord forms: plural payday loans countable noun A payday loan is a small amount of money lent to someone for a short time, usually at a very high rate of interest. payday loan in Finance (peɪdeɪ loʊn) Word forms: (regular plural) payday loans noun Types of loanbridge loanclosed-end loanopen-ended loanpayday loansubprime loan(Finance: Banking) A payday loan is a small personal cash loan at a very high interest rate, secured by the borrower's next paycheck. A stipulation that payday loan providers frequently use to establish how much money you can borrow is how much youearn. You can't talk about the annual percentage rate in terms of temporary loans as noone actually retains a payday loan for a entire year. A payday loan is a small personal cash loan at a very high interest rate, secured by the borrower'snext paycheck. |
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