HomeGlossaryBBalloon PaymentGlossaryBalloon PaymentA large lump-sum repayment due at the end of a loan. A standard payday loan is a balloon payment: the full amount plus fees is due at once.Browse: A · B · C · D · E · F · I · L · M · O · P · R · S · T · U · W · full glossaryMore glossary termsAPRAch WithdrawalBad CreditCAPSCash AdvanceCheck CashingConsumerConsumer AdvocateCooling-Off PeriodCredit CheckDebt TrapDefaultDeferred DepositExtensionFDICFaxlessFinance ChargeInstallment LoanInterestLate FeeLenderLoan SharkLoan TermMilitary Lending ActOrigination FeePaycheckPayday AdvancePayday Alternative LoanPayday LoanPost-Dated CheckPrincipalRolloverSubprime LendingTitle LoanUnsecured LoanUsuryWage Garnishment