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单词 payday loan
释义

Definition of payday loan in English:

payday loan

noun
  • A relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next wages.

    consumer advocates and lawmakers are urging low-income consumers to avoid payday loans
    Example sentencesExamples
    • Other than trimming his waistline, Bettis has as much use for training camp as he does a payday loan at the corner Currency Exchange.
    • Banks like these issue payday loans that bind consumers to unreasonable terms and require them to waive their rights to legal recourse.
    • The ad neglects to state that payday loans are one of the most expensive ways of borrowing money, or that such loans are actually illegal in some states.
    • The growth of payday loans belies the adage of "living from paycheck to paycheck."
    • On a typical payday loan, a person might write a personal check for $115 to borrow $100 until payday.
    • 90 percent of all payday loans go to borrowers with five or more loans in a single year.
    • A typical payday loan works like this: the borrower writes a post-dated check to the payday lending company.
    • Rather than using advance-fee or payday loans, soldiers should consider applying for a small loan at the local credit union or a small-loan company.
    • The annual percentage rates may well be sky-high, but payday loans are often less expensive than the alternatives: bounced check fees or illegal loan sharks.
    • Frequently called deferred presentment, payday loans are very expensive, short-term (7 to 14 days), small-dollar loans that are primarily marketed to society's poorest citizens.
    • On Oprah, one family owed $92,000 in debt, many in legally usurious "payday loans".
    • In the meantime, consumer advocates and lawmakers are urging low-income consumers to avoid payday loans.
    • Borrow from friends or relatives, or take high-interest "payday loans," to tide you over until you get paid?
    • "Borrowing money at triple-digit interest rates is never the right solution for people in debt," decrees Consumers Union in a fact sheet on payday loans.
    • Even if transaction fees were removed from the picture, one would still expect large APRs for payday loans because of the relative credit risk of payday borrowers.
    • Drive along routes leading to military installations and you'll see numerous signs advertising quick cash, payday loans and more.
    • They use tax preparation as a pretext to sell other costly products and services, such as high-interest refund anticipation loans, payday loans and furniture rentals.
    • Payday loans are somewhat similar to advance-fee loans, and are among the most expensive ways of borrowing money.
    • "It's worse than a payday loan."
    • On that side of town, the bank becomes payday loan, the bank becomes currency exchange, the bank becomes credit-card manipulation.
    Synonyms
    extortionate moneylending, payday lending
 
 

Definition of payday loan in US English:

payday loan

noun
  • A relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck.

    consumer advocates and lawmakers are urging low-income consumers to avoid payday loans
    Example sentencesExamples
    • Other than trimming his waistline, Bettis has as much use for training camp as he does a payday loan at the corner Currency Exchange.
    • Rather than using advance-fee or payday loans, soldiers should consider applying for a small loan at the local credit union or a small-loan company.
    • The annual percentage rates may well be sky-high, but payday loans are often less expensive than the alternatives: bounced check fees or illegal loan sharks.
    • In the meantime, consumer advocates and lawmakers are urging low-income consumers to avoid payday loans.
    • They use tax preparation as a pretext to sell other costly products and services, such as high-interest refund anticipation loans, payday loans and furniture rentals.
    • "It's worse than a payday loan."
    • Even if transaction fees were removed from the picture, one would still expect large APRs for payday loans because of the relative credit risk of payday borrowers.
    • "Borrowing money at triple-digit interest rates is never the right solution for people in debt," decrees Consumers Union in a fact sheet on payday loans.
    • 90 percent of all payday loans go to borrowers with five or more loans in a single year.
    • Frequently called deferred presentment, payday loans are very expensive, short-term (7 to 14 days), small-dollar loans that are primarily marketed to society's poorest citizens.
    • The ad neglects to state that payday loans are one of the most expensive ways of borrowing money, or that such loans are actually illegal in some states.
    • The growth of payday loans belies the adage of "living from paycheck to paycheck."
    • Borrow from friends or relatives, or take high-interest "payday loans," to tide you over until you get paid?
    • On that side of town, the bank becomes payday loan, the bank becomes currency exchange, the bank becomes credit-card manipulation.
    • Payday loans are somewhat similar to advance-fee loans, and are among the most expensive ways of borrowing money.
    • On Oprah, one family owed $92,000 in debt, many in legally usurious "payday loans".
    • On a typical payday loan, a person might write a personal check for $115 to borrow $100 until payday.
    • Banks like these issue payday loans that bind consumers to unreasonable terms and require them to waive their rights to legal recourse.
    • Drive along routes leading to military installations and you'll see numerous signs advertising quick cash, payday loans and more.
    • A typical payday loan works like this: the borrower writes a post-dated check to the payday lending company.
    Synonyms
    extortionate moneylending, payday lending
 
 
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更新时间:2024/11/11 0:45:36