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Showing results for payday lender. Search instead for predatory lenders.

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

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Example Sentences

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And it’s cheaper than what a corner payday lender might charge.

From Los Angeles Times May 18, 2022

They drove past a dollar store, a payday lender and a fast-food restaurant advertising “full-time career opportunities” starting at $7.80 an hour.

From Washington Post Aug. 17, 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

In addition to voting to more closely monitor firms under the moratorium on foreclosures in Puerto Rico, the state recently pulled money out of a private equity firm that had acquired a so-called payday lender.

From New York Times Oct. 8, 2018

Wonga never considered itself to be a payday lender, preferring instead to describe itself as a maverick technology company that happened to sell loans.

From BBC Aug. 29, 2018

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