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Payday loan.
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- المؤلفون: Gertz, Gilan, MSW
- المصدر:
Salem Press Encyclopedia, 2025. 3p.
- الموضوع:
- معلومة اضافية
- نبذة مختصرة :
Payday loans are short-term loans that are generally due on the borrower’s next payday. The loans are for small amounts of money, typically $100 to $1500. Also known as "cash advances," payday loans require the borrower to write a check for the full balance of the loan, so the lender can deposit it when the loan becomes due.
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