payday loannoun [ C ]
uk/ˌpeɪ.deɪ ˈləʊn//ˌpeɪ.deɪ ˈloʊn/an amount of money that is lent to someone by a company for a short time at a very high rate of interest :
It is all too easy for people to get into debt by taking out payday loans.
a payday loans lender
Thesaurus: synonyms and related words
Borrowing & lending
- be in the hole idiom
- borrow
- bounce
- call it quits idiom
- call sth in
- credit
- credit risk
- debenture
- fire sale
- gearing
- leveraged buyout
- liability
- liquidate
- national debt
- pay
- put sth up
- reschedule
- slate
- term
- tick
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