Payday Loan Limits May Cut Abuse but Keep Some Borrowers Searching

CANTON, Ohio — This town of 73,000 is renowned for some things — the Pro Football Hall of Fame, the presidential collection of William McKinley, a downtown that is lively scene. However in banking sectors, it offers gained a far more distinct reputation: Canton is really a nexus of this payday financing industry, by which those that have difficulty making ends satisfy from a single paycheck towards the next sign up for high-interest loans from…