Category Archives: Cash And Title Loans

Payday Loan Limits May Cut Abuse but Leave Some Borrowers Searching

CANTON, Ohio — This town of 73,000 is well known for a few things — the Pro Football Hall of Fame, the presidential collection of William McKinley, a downtown that is lively scene.

However in banking groups, it offers gained a far more distinct reputation: Canton is really a nexus of this payday financing industry, by which individuals who have trouble making ends fulfill in one paycheck towards the next sign up for high-interest loans from specialty loan providers. Continue reading