PAY DAY LOANS HIT PAY DIRT

The governmental uproar over the growing payday-loan industry belies a simple financial reality: some individuals are prepared to spend high prices to obtain tiny, short-term loans, which numerous banks no more offer. States and urban centers are fighting the expansion of payday-loan workplaces, that offer loans against workers' future paychecks. The Chicago City Council, for instance, passed a measure during the early November needing city that is special to start payday-loan stores. And Cook County…