Generic term for short-term cash advance secured by personal check, often at very high interest rates. Also called check loan or payday advance loan.
| Banking Dictionary: Payday Loan |
Generic term for short-term cash advance secured by personal check, often at very high interest rates. Also called check loan or payday advance loan.
| 5min Related Video: Payday Loan |
| EZCORP, Inc. (Public Company) | |
| Check Into Cash, Inc. (Private Company) | |
| CompuCredit Corporation (Public Company) |
| Where can you get a payday loan? Read answer... | |
| Can payday lenders press fraud charges for defauted payday loans? Read answer... | |
| Who are payday loan yes? Read answer... |
| What is the size of the payday loan industry? | |
| What is a Payday loan consolidation? | |
| What if you default on a payday loan? |
Copyrights:
![]() | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
Mentioned in