Why we agree with Bing’s go on to ban lenders that are payday
By Henry Keegan
On Google announced that, from 13 July 2016, it will no longer allow ads for payday loans, which it defines as any loan where the repayment is due within 60 days of the date of issue wednesday. In america, advertisements will be prohibited if they usually have an APR of 36% or more. The aim that is stated to position exactly what it views as predatory lending in identical category as counterfeit product and tobacco, simply two associated with other products that are termed dangerous and banned by Bing. Item policy manager David Graff said in the article that “research shows why these loans may result in unaffordable re payment and default that is high for users therefore we is going to be upgrading our policies globally to mirror that.” […]