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payday lender

Saltos de línea: pay¦day lend¦er

Definición de payday lender en inglés:

sustantivo

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
Más ejemplos en oraciones
  • 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.
  • Expect business at payday lenders and pawn shops to increase, for instance.
  • Fifty-four percent of us have no bank account or are still using check cashing places, money orders and payday lenders.

Definición de payday lender en:

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