Definition of "rollovers" [rollovers]

• Plural form of rollover. (noun)

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• "The measure would cap the annual interest rate for a payday loan at 391 percent, ban so-called "rollovers" -- where a borrower who can't afford to pay off the loan essentially renews it and pays large fees -- and prevent lenders from suing borrowers or docking their wages to collect the debt."
• "The measure would cap the annual interest rate for a payday loan at 391 percent, ban so-called "rollovers" - where a borrower who can't afford to pay off the loan essentially renews it and pays large fees - and prevent lenders from suing borrowers or docking their wages to collect the debt."
• "The rollovers are a relatively inexpensive way to finance a new business, said Jeremy Ames, chief executive of Bellevue, Washington-based"