Category Archives: Personal Loans Alaska

Payday Loan Limits May Cut Abuse but Keep Some Borrowers Searching

Payday Loan Limits May Cut Abuse but Keep Some Borrowers Searching

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

However in banking groups, this has gained an even more reputation that is distinct Canton is a nexus of this payday financing industry, by which those that have difficulty making ends fulfill in one paycheck towards the next sign up for high-interest loans from specialty loan providers.

On 30th Street, a half-dozen payday lending outlets encircle a popular mall, as well as lunchtime they draw a stable audience of clients. Continue reading Payday Loan Limits May Cut Abuse but Keep Some Borrowers Searching