Online PayDay Loans & Cash Advance Lenders Ranked
  • Who has the lowest APR cash lending rates?
  • Which PayDay loan lenders offer no Fax loans?
  • Informative articles on PayDay loans & Cash Advance
Home arrow PayDay Loan Glossary
PayDay Loan Shopper Glossary

P

PayDay Loan
A payday loan is a short-term loan for a relatively small sum of money, provided by a non-traditional lender. Th average payday loan is valued at $200-$250 and is extended for a period of 1 to 30 days.