Ulak-ulik wikipedia menuju simpulan, bahwa payday lending itu:

√ jangka pendek
√ tanpa agunan (unsecured)
√ tidak mesti (regardless) berhubungan dengan siklus gajian
√ yang penting pernah bekerja/ngantor
√ bunganya ajaib besarnya.

Sifat-sifat di atas mirip dengan pinjaman atau kredit tanpa agunan kalau di Indonesia yang persyaratannya kini jauh lebih longgar; asal punya kartu kredit, langsung dianggap layak jadi calon nasabah.

SURJAYA ★★★★★★★
http://en.wikipedia.org/wiki/Payday_loan
A payday loan (also called a payday advance) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." ...

Payday advance loans rely on the consumer having previous payroll and employment records. ...

For a $15 charge on a $100 14-day payday loan, the annual percentage rate is 391.34%.