HomeGlossaryCConsumerGlossaryConsumerAnother name for the customer, or borrower, who takes out the payday loan for any purpose. The lender, who issues the loan, is the payday advance (or loan) company.Browse: A · B · C · D · E · F · I · L · M · O · P · R · S · T · U · W · full glossaryMore glossary termsAPRAch WithdrawalBad CreditBalloon PaymentCAPSCash AdvanceCheck CashingConsumer AdvocateCooling-Off PeriodCredit CheckDebt TrapDefaultDeferred DepositExtensionFDICFaxlessFinance ChargeInstallment LoanInterestLate FeeLenderLoan SharkLoan TermMilitary Lending ActOrigination FeePaycheckPayday AdvancePayday Alternative LoanPayday LoanPost-Dated CheckPrincipalRolloverSubprime LendingTitle LoanUnsecured LoanUsuryWage Garnishment