Dictionary.com
Thesaurus.com
Showing results for payday lender. Search instead for Payday+Lender.

payday lender

British  

noun

  1. a person or group that offers short-term loans, in advance of payday, at high rates of interest

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

For instance, borrowing $400 over three months from a payday lender typically costs $360 in fees, while banks are charging $24 or less for a loan of the same amount, Pew said.

From New York Times ● Jun. 16, 2023

Although £4,000 of his debt remains unpaid, Tom said he will never again borrow from a payday lender again.

From BBC ● Aug. 27, 2021

One of the companies that had to pay only 100 pennies was a Tennessee payday lender called Main Street Personal Finance that allegedly duped consumers with “deceptive finance charge disclosures.”

From Los Angeles Times ● Jan. 11, 2021

The original rule would have limited how often a payday lender could attempt to take money from a customer’s account, addressing advocates’ complaints that they were running up significant overdraft penalties.

From Washington Post ● Nov. 20, 2019

Seventy-two percent said they received better treatment from a payday lender than from a bank or credit card company, and 75 percent said they were likely to recommend payday loans to friends and family.

From Washington Times ● Feb. 26, 2019

Random Word

Spin the wheel and learn a new word!

Get a word

Vocabulary.com logo
by dictionary.com

Join 14,000,000 vocabulary learners

Start learning new words today on VocabTrainer.
You'll remember them forever.

Start training