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PayDay Loan Glossary
PayDay Loan Glossary
PayDay Loan Shopper Glossary
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- Bad Credit
- Bad Credit is a financial industry term used to describe someone who is considered a "high risk" to lenders and other finance companies due to repayment history of loans, mortgages and other financial aid. This type of borrower usually considered to be at very high risk of defaulting on their payment obligations set forth by the lender.
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