The lady whom manages the shop, Tanya Alazaus, greeted Mr. Munn with a grin.

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 lively downtown arts scene.

However in banking sectors, it offers gained an even more distinct reputation: Canton is really 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 shopping mall, as well as lunchtime they draw a reliable audience of clients. During the Advance America store, Martin Munn stopped in recently together with his young child doing their biweekly banking: Nearly every payday, he cashes their check, takes care of their final loan in complete and removes …

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‘I felt like these were benefiting from me personally: ’ Wisconsin lawmakers turn to rein in payday loan providers

MILWAUKEE — a lot more than $22 million in pay day loans were released in Wisconsin just last year.

In some instances, the attention compensated ended up being a lot more than the original loan.

Now, a combined band of lawmakers would like to rein in payday loan providers.

One girl claims she regrets the mortgage she took away and reached away to Contact 6.…

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