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payday loan

  • a word derived from payday lender.
    payday lender
    noun
    a person or group that offers short-term loans, in advance of payday, at high rates of interest

Example Sentences

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Just look at Wonga, the British payday loan company that collapsed into administration in 2018 after being accused of predatory lending for years.

From Barron's ● Nov. 18, 2025

Part two focuses on the payday loan industry.

From BBC ● Jan. 13, 2025

The case stems from a 2018 lawsuit by the Community Financial Services Association of America and the Consumer Service Alliance of Texas, representing the payday loan industry.

From Reuters ● Sep. 12, 2023

Similar to a high-cost payday loan, these apps offer workers emergency cash ahead of proven, upcoming paychecks.

From Los Angeles Times ● May 25, 2023

She tried to keep her head above water with odd jobs and babysitting gigs, relying largely on food stamps and whatever she could borrow from family and payday loan companies.

From Salon ● Nov. 22, 2022

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