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Bing to Ban All Cash Advance Ads

Bing to Ban All Cash Advance Ads

Google announced on Wednesday it would ban all ads for pay day loans and relevant services and products on its internet site simply because they frequently result in unaffordable payment terms and economic harm to customers.

David Graff, the manager of international item policy at Google, announced in a article that the worldwide ban would take impact July 13 and would affect loans for which payment had been due in 60 times as well as for loans that carry an annual percentage rate of 36 per cent or maybe more.

“This change was created to protect our users from misleading or harmful financial loans, ” Mr. Graff had written. “Ads for economic solutions are really a specific section of vigilance provided just how core they have been to people’s livelihood and well-being.