Payday lender definition

Payday lender means a business, owned by a licensee, that makes payday loans.
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Payday lender means a “lender” in the business of making payday loans as defined in ORS 725.600.
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Payday lender means a person who offers, arranges or provides a payday loan;
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Examples of Payday lender in a sentence

  • Example 11: Responsible lending laws Payday lender Abaz Pty Ltd (Abaz), which offers loans nationally through the website www.moneyplus.com.au, paid a $42,500 penalty after we issued it with an infringement notice for failing to obtain required account statements from consumers.In March 2013, new laws commenced that enhanced the responsible lending rules for payday lenders.

  • Payday lender regulations that prohibit predatory lending practices.

  • Your right to opt out, as described below, does not apply to the disclosures described in this subsection, which are permitted by law.”25• Payday lender Check ‘n Go’s privacy policy section on “Information We May Share Even After You Opt Out:” “Your election to opt-out will not block our sharing of nonpublic personal information about you with nonaffiliated third parties that perform marketing services on our behalf or with financial institutions with whom we have a joint marketing agreement.

  • Part time consultancy and contract with Ministry of Natural Resources.2004Principal Investigator to conduct a study on “Generation and application of climate information and early warning products in disaster management for sustainable development in Rwanda”.

  • Additional Restrictions for “Access Persons.” Morgan Stanley imposes additional restrictions on selling MS stock for Access Persons, defined as: · Morgan Stanley and Van Kampen Management Committee members; · Managing Directors (and other employees with the highest title in a business or infrastructure unit, e.g., Executive Vice President); and · Certain other employees who are considered to be Access Persons because of their job functions.

  • Government Accountability Office, Refund Anticipation Loans, GAO-08-800R, June 5, 2008, available at http://www.gao.gov/new.items/d08800r.pdf.From the GAO’s report Other businesses visited or called by the GAO included: • A tax preparer operating out of a trailer in the parking lot of a gas station.• Payday lender Check-Into-Cash• A van rental store• A vending service company• An immigrant services business C.

  • Payday lender ACE Cash Express agreed to pay her up to Initial Truitt ClientsMin.

  • It would require a more meaningful and truthful APR disclosure for products such as:  Payday lender Advance America attempted to offer an open-end line of credit in Pennsylvania that carried a “participation fee” of $149.95 per month for a credit limit of $500 and a 5.98% periodic APR.

  • The Council and Payday lender cannot currently petition but the unsecured loan and credit cards are likely>£3,000.

  • Think about in cash terms: • Payday lender: Lends £100 for 30 days at 0.8% per day: interest is £24, total repayable is £124 • Instalment lender: Lends £100 for 3 months (90 days) at 0.7% per day: interest is £63, total repayable is £163 The instalment lender makes more money than the payday lender – however the instalment lender needs to have the capital resource to fund an instalment loan.


More Definitions of Payday lender

Payday lender means a consumer small lender under section 47.60 or consumer short-term lender under section 47.601.
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Payday lender means a credit grantor who offers, arranges or provides a payday loan. “Payday loan” means a loan of money
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Payday lender means a person who offers, arranges or provides payday loans;
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Payday lender means a business whose primary source of revenue is made from interest and fees associated with making short-term loans to individuals in exchange for a postdated check that may be cashed by the lender after the agreed upon due date. For purposes of this Title, payday lender shall include lenders that take other forms of collateral or no collateral from the borrower, provided that more than 25 percent of all loans made by the lender are due in full within 60 days.
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Payday lender means a person that advances monies in payday lending transactions.
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Payday lender means a supplier who offers, arranges or provides payday loans to or for consumers;
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Related to Payday lender

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Revolving Lender each Lender that has a Revolving Commitment or that holds Revolving Loans.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • L/C Lender a Lender with an L/C Commitment.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but on behalf of the Lenders hereunder.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time or, if the Revolving Credit Commitments have terminated, Revolving Credit Exposure.

  • New Revolving Lender as defined in Section 2.24.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Tranche A Lender means a Lender with a Tranche A Commitment or an outstanding Tranche A Term Loan.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.