Google bans ads from payday loan providers, calling them ‘harmful’

Google bans ads from payday loan providers, calling them ‘harmful’

Web giant Google stated Wednesday it’ll ban all adverts from payday loan providers, calling the industry “deceptive” and “harmful.”

Bing’s choice might have the maximum amount of and even more effect on curtailing the industry than just about any move by politicians, as numerous pay day loans focus on a person that is desperate online for methods to pay the bills or protect an urgent situation.

Effective July 13, Bing will not enable adverts for loans due within 60 times and also will ban advertisements for loans where in actuality the interest is 36 % or higher. Continue reading “Google bans ads from payday loan providers, calling them ‘harmful’”