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  1. payday loan

    • n.
      a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck
    • noun: payday loan, plural noun: payday loans

    • 釋義

    名詞

    • 1. a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck consumer advocates and lawmakers are urging low-income consumers to avoid payday loans