Payday Loan

(redirected from Cash loans)
Also found in: Wikipedia.

Payday Loan

A short-term loan expected to be repaid before the borrower's next pay day. Frequently, the borrower collateralizes a payday loan by presenting a postdated check for the amount of the loan (plus interest). The lender simply deposits the check on the agreed-upon date. Interest rates on payday loans are notoriously high.
References in periodicals archive ?
Business ventures within the first 18 to 24 months of operation have a combination of cash loans and trade facilities available to them.
AN ALCOHOLIC targeted a Stoneycroft family who had helped him out with cash loans.
A spokesperson for the bank said that the firm could also expand its auto-financing accord with PSA Peugeot Citroen to offer retail loans and possibly cash loans and credit cards at a later date.
ySTANBUL (CyHAN)- In 77 of Turkey's 81 provinces the total amount of personal cash loans is higher than that of personal savings, according to figures for 2013 released on Monday by the Banking Regulation and Supervision Agency (BDDK).
It seems that home buyers have become wary of the rising mortgage rates," said a representative with ABC United Cash Loans.
Due to the issuance of retail products like : cash loans through the open market , cash loans through the corporate channel , mortgage and consumer loans credit cards, JSC VTB Bank has raised its retail loan portfolio to $ 100 million.
Using its membership fees and collection drives, the group raised funds to offer no-interest small cash loans and no-interest eyeglass loans.
Advance payday loans are designed to do exactly what they say on the tin , give you the ability to meet your monthly commitments by providing cash loans till payday.
POVERTY experts last night spoke out over the replacement of crisis cash loans with food stamps for society's most needy.
San Diego Jewelry Buyers offers an alternative to California payday loans by providing customers with immediate cash loans and business loans based on gift assets like diamonds, fine jewelry, sterling silverware, prestige watches, antique jewelry, and designer handbags.
Flintshire Council has been asked by Welsh Government bosses to act as the 'lead' authority in a new grant scheme, which will see cash loans handed out in a bid to cut the number of vancant private houses.
These people prey on the vulnerable who are offered cash loans without paperwork and then are threatened when they can't afford the loan.