payday loan

Questions

What does payday loan mean?

A small, short-term unsecured loan of money at an extremely high interest rate.

Where does payday loan come from?

So called because it might help borrowers until their next payday.

How to pronounce payday loan

1. Open the pronunciation page — Open the Speakur entry for “payday loan”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “payday loan”.
4. Repeat and practice — Say “payday loan” aloud, matching stress and vowels until it feels natural.