payday loan

English

Etymology

So called because it might help borrowers until their next payday.

Noun

payday loan (plural payday loans)

1. A small, short-term unsecured loan of money at an extremely high interest rate.

   Hypernyms: usury; credit, loan

   Coordinate term: credit card

Related terms

• loan shark

Translations

loan

• Finnish: pikavippi (fi)
• French: avance sur salaire f
• Polish: chwilówka (pl) f
• Swedish: snabblån n, sms-lån (sv) n

Further reading

• payday loan on Wikipedia.Wikipedia