Payday loan - Wikipedia, the free encyclopedia
The loans are also sometimes referred to as cash advances, though that . to cash provided against a prearranged line of credit such as a credit card. . The borrower writes a postdated check to the lender in the full amount of the loan plus fees. . found "no empirical evidence that payday lending leads to more bankruptcy .
http://en.wikipedia.org/wiki/Payday_loan
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