Payday Loan

A payday loan is when you get an advance on your paycheck and pay it back with interest on payday. Generally this interest is 15%. Payday loans are set up to automatically pay themselves back because you post-date a check when you get the loan. If you get to the point where you are getting payday loans from other places to pay back the first payday loan, you are fucked. Payday loans should be avoided at all costs, as they fuck you in the long run. Many states have laws against certain payday loan practices.

Dude 1: Dude, come to the concert with us, it's payday!

Dude 2: Dude, I can't, I have to pay back these payday loans.

Dude 1: Dude, just get another one.

Dude 2: Oh yeah! Then I'll have money until next payday!

by Kapow! June 12, 2008

loan shark

Term for a person, usually a member of organized crime, offering loans without background checks, collateral, etc. etc., but charges insane interest ($100s, even $1000s per day in some cases), and has henchmen who will hurt or even kill those who do not repay the loan within a certain time (usually a week or so).

John got beat to shit by Loan Shark Tino Capellini's henchmen for not paying on time. If John doesn't pay Tino back by next week, they will kill him.

by Dispatch Kick Ass July 15, 2004

quema llanta cuh

this sentence is used when a paisa pulls up in a car meet with his lowered Ram/Silverado

"aye foo, quema llanta cuh"
"i cant cuh, i need more low"

by ur mom xd man February 8, 2019

Permanent Loan

When you let a friend borrow an object or possession without the intention of returning it, however if the original owner needs the object back for any reason, being able to reclaim it.

I lent my friend my gameboy on permanent loan just incase I ever wanted it back.

by mrblacksburger January 13, 2010

Hoe Lantern

A hoe lantern is the hoe of all hoes. This hoe leads all other hoes with the light of a hundred candles.

A hoe lantern is someone who sleeps with your husband in your bed and then dabs on a little of your perfume on the way out.

A hoe lantern is the destroyer of innocence; she teaches young children to be hoe-like breeding a whole new generation of hoes.

A hoe lantern will run you over with her car and then pick up your boyfriend at the funeral.

Hoe lanterns... just the worst.

by np:) April 6, 2010

Meat loan

a “meat loan” is when some one is sexually aggravated so a friend loans some dick to settle their needs thus the term “meat loan”

I know you’ve haven’t had any in a while so I’ll give you a “meat loan”

by Bandst November 20, 2019

loan officer

1.) A high-school educated former copier or used car salesman who figured out that he could make money for doing very little by acting as a middleman between banks and even less educated customers (borrowers). He or she drives a Porche or BMW, but its leased just like his house. Borrowers will fight tooth and nail over their proposed 1% fee for 2 weeks to a month worth of effort, but have no problem paying their real estate agent 3% for a couple days of local driving and filling out boilerplate forms.

2.) Scapegoats for the major banks and Wall Street money men who actually create the loan programs costing people their homes that you see on TV.

You can find a LO at nearly any after-hour event that contains any two of the following: alcohol, sluts, cocaine, Las Vegas, suckers, bluetooth headsets, yachts, any aspect of society emphasizing appearance over substance.

Even though my local bank branch laughed at me when I asked them, my loan officer buddy Joe was able to get me into a new $800 grand house despite the fact that I have no job, no savings to use as a down payment, my FICO score is negative, I'm on several mandatory sex offender lists, and he knows I plan to cook meth in the garage. But Joe's a fucking douchebag because it turns out he made almost $500 dollars off me.

by Elias Creed May 6, 2007