State law allows payday lenders to loan up to $700, with interest rates of up to 15% per $100.
a payday lending company/industry/store
Financial and business terms. 2012.
payday lender — UK US noun [C] FINANCE ► a person or an organization that lends money to customers who must pay it back when they receive their next pay: »State law allows payday lenders to loan up to $700, with interest rates of up to 15% per $100. payday… … Financial and business terms
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
Payday Loan — A type of short term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post dated personal check in the amount they wish to borrow plus a fee in exchange for cash. The lender… … Investment dictionary
Predatory lending — describes unfair, deceptive, or fraudulent practices of some lenders during the loan origination process. While there are no legal definitions in the United States for predatory lending, an audit report on predatory lending from the office of… … Wikipedia
Distressed lending — typically provides credit facilities to borrowers with good cash generation capacity but short term liquidity issues. Contents 1 Liquidity Lending versus Collateral Lending 2 Distressed Lending versus Asset Backed Lending ( ABL ) 3 See also … Wikipedia
Americans for Fairness in Lending — (AFFIL) is a non profit organization designed to draw national attention to the unregulated lending industry in America. AFFIL’s ultimate goal is government regulation of the lending industry to protect American consumers from financial products… … Wikipedia
Community Financial Services Association of America — The Community Financial Services Association of America(CFSA) is the national organization dedicated to advancing financial empowerment for consumers through small dollar, short term loans. Now in its 12th year, CFSA was established to promote… … Wikipedia
Loan shark — A loan shark is a person or body that offers illegal unsecured loans at high interest rates to individuals, often backed by blackmail or threats of violence. They provide credit to those who are unwilling or unable to obtain it from more… … Wikipedia
Mark Ferrandino — Member of the Colorado House of Representatives from the 2nd district Incumbent Assumed office October 1 … Wikipedia
Daniel Tzvetkoff — Daniel Kim Tzvetkoff (b. October 1983 in Ipswich, Queensland) is the founder of Intabill. He is currently in witness protection in New York.[1] Contents 1 Early life 2 Internet tycoon 3 … Wikipedia
