| 释义 |
Definition of payday lender in English: payday lendernoun A company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next wages. payday lenders have been criticized for setting loan terms that keep cash-strapped borrowers in perpetual debt Example sentencesExamples - In short, payday lenders provide a means for the unbanked to join the financial mainstream.
- Payday lenders are teaming up with banks to offer short-term, high-interest loans in states that outlaw them.
- The payday lenders are assailed for collecting $1.6 billion in fees a year, but Webster says banks charge $7 billion a year for bounced checks.
- It will force the most desperate borrowers into the arms of pawn shops and payday lenders to make ends meet.
- Expect business at payday lenders and pawn shops to increase, for instance.
- Since that time (140 days ago), around 300 payday lenders have exploded across the state.
- Remember, if you stumble into an unauthorised overdraft from a high street bank you may end up paying charges of which a payday lender can only dream.
- The new rules became effective in July, and let payday lenders and car title lenders charge a $10 origination fee per $100 loaned, up to a limit of $30 for a loan of any amount.
- Check cashing stores, rent-to-own stores and the payday lenders have their downside: high fees for money order transactions or short-term loans.
- Fifty-four percent of us have no bank account or are still using check cashing places, money orders and payday lenders.
- If they can't get a credit card, then they have to turn somewhere else for credit, such as payday lenders, check-cashers, pawn shops, or loan sharks.
- For instance, payday lenders actually charge fees of about $15 to $20 per $100 borrowed.
- Greedy check cashers and payday lenders rushed in to fill the void.
- Many check cashers and payday lenders have sought to lease national bank charters to avoid legislative interference and circumvent state usury laws.
- The woman tried to close her checking account, which was being automatically debited by payday lenders.
- For a borrower with bad credit, payday lenders offer an invaluable service few banks will offer.
- Since the fixed costs associated with setting up a loan are similar, whether a person is borrowing $100 or $100,000, it should be no surprise that payday lenders would charge higher fees or interest rates, since they're dealing with loans of lower amounts.
- Payday lenders lend without regard for the borrower's ability to repay the loan.
Derivatives noun The acquired stores are all multi-product locations offering check cashing, payday lending and pawn brokering services. Example sentencesExamples - Payday lending was an innovation created to serve an underrepresented market segment.
- Most who turn to payday lending have poor or limited credit history.
- A generation or so ago, what is now known as payday lending was called "loan sharking" and it was illegal.
- A typical payday loan works like this: the borrower writes a post-dated check to the payday lending company.
Definition of payday lender in US English: payday lendernoun A company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next paycheck. payday lenders have been criticized for setting loan terms that keep cash-strapped borrowers in perpetual debt Example sentencesExamples - The new rules became effective in July, and let payday lenders and car title lenders charge a $10 origination fee per $100 loaned, up to a limit of $30 for a loan of any amount.
- Fifty-four percent of us have no bank account or are still using check cashing places, money orders and payday lenders.
- In short, payday lenders provide a means for the unbanked to join the financial mainstream.
- Since the fixed costs associated with setting up a loan are similar, whether a person is borrowing $100 or $100,000, it should be no surprise that payday lenders would charge higher fees or interest rates, since they're dealing with loans of lower amounts.
- Payday lenders are teaming up with banks to offer short-term, high-interest loans in states that outlaw them.
- It will force the most desperate borrowers into the arms of pawn shops and payday lenders to make ends meet.
- Remember, if you stumble into an unauthorised overdraft from a high street bank you may end up paying charges of which a payday lender can only dream.
- Since that time (140 days ago), around 300 payday lenders have exploded across the state.
- The payday lenders are assailed for collecting $1.6 billion in fees a year, but Webster says banks charge $7 billion a year for bounced checks.
- For instance, payday lenders actually charge fees of about $15 to $20 per $100 borrowed.
- Greedy check cashers and payday lenders rushed in to fill the void.
- The woman tried to close her checking account, which was being automatically debited by payday lenders.
- Many check cashers and payday lenders have sought to lease national bank charters to avoid legislative interference and circumvent state usury laws.
- For a borrower with bad credit, payday lenders offer an invaluable service few banks will offer.
- Expect business at payday lenders and pawn shops to increase, for instance.
- Check cashing stores, rent-to-own stores and the payday lenders have their downside: high fees for money order transactions or short-term loans.
- Payday lenders lend without regard for the borrower's ability to repay the loan.
- If they can't get a credit card, then they have to turn somewhere else for credit, such as payday lenders, check-cashers, pawn shops, or loan sharks.
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