Canton is located in the Stark County oh Ohio and it’s also the county seat. With a total population of about 73,000 this city has a fairly rich history in terms of economic activities. As with a lot of cities in the state, Canton started off as an industrial city and thrived because of extensive railroad connections. The financial health declined with the downfall of heavy industries but got replaced by the consumer sector. Right now, the biggest employers in the region are based off of the healthcare sector and steel manufacturing sector. There has also been a boom in the local arts and urban development projects.
With such a booming economy, a lot of people have also started to look for small cash loans to boost their local businesses as well. This would be very difficult earlier for the borrowers but not anymore with the new rules being adopted by the state of Ohio. According to them you can only borrow a maximum of $1,000 with a maximum APR and Fees capped at 28% and 60%. Another great thing is that you get a minimum of 3 months to repay the debt with a maximum term of a year. You will only be eligible if you have less than $2,500 as debt.