Bing Cancels Payday Loan Ads The argument about pay day loans has heated up (Freakonomics devoted an episode to it recently) and Bing has brought a part. Kudos to Google in making a thoughtful, truly “don’t be evil” company choice but still let people look for “payday loans” if they would like to. Beginning in July, the search-and-advertising giant will not takes adverts (NYT) for loans with brief terms (60 times much less) and interest that is high (36 % and much more). Reaction ended up being just exactly exactly what you’d anticipate: advocates hailed it, a trade team called the move “discriminatory and a kind of censorship.” You are able to argue the professionals and cons of pay day loans, you can’t disregard the bigger problem this reveals: a lot of desperate individuals who have real jobs still can’t also get from paycheck to paycheck without support.