Pay Day


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Pay Day

The day on which an employer provides paychecks to employees. In the United States, pay days generally occur twice a month or every two weeks. Some jobs, however, pay weekly or monthly.
References in periodicals archive ?
For women working full-time in their twenties, equal pay day comes in the middle of the festive season.
The Church of England, which claims to have a strong ethical investment policy that explicitly bans companies involved in pay day lending, had invested in Accel Partners, the US venture capital firm that led Wonga's 2009 fundraising.
Their calculations show that there could be up to six weeks between some people's pay days in December and January 2014 as people are often paid early before Christmas.
Yesterday's angry exchanges came after it emerged that one in seven parents with children under 10 has been nagged to take out pay day loans to buy things they cannot afford.
Someone who needs a pay day loan will undoubtedly need another next week, and the week after that ad infinitum.
At the local level, Coventry CAB are working closely with Coventry Trading Standards to map pay day lenders in Coventry.
Cheque cashing or deferred deposit transactions are also classed as pay day loans in some states.
Ms Rathbone said credit unions are a way of saving and borrowing money in a flexible manner and are a safe alternative to pay day and doorstep loans.
wants the Office of Fair Trading to enforce existing consumer credit and lending rules on pay day loans firms, and to protect consumers by restricting default charges which pay day loans companies can charge.
Equal Pay Day marks how far into the next financial year a woman would need to work, on average, before she would earn the same amount as a man earned in the previous financial year alone.
PEOPLE seeking short-term loans to help them make it to pay day have been urged to turn to credit unions for help.
This was the message delivered by the ACTU on Equal Pay Day (1 September).