AN UNBIASED VIEW OF 79 PAYDAY LOAN

The phrase "payday" in payday loan refers to whenever a borrower writes a postdated check to the lender with the payday wage, but receives part of that payday sum in speedy hard cash from the lender.[1] However, in frequent parlance, the concept also applies irrespective of whether repayment of loans is connected to a borrower's payday.seventy nine