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

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

Loans due within 60 times and interest levels 36 percent or more no further permitted

Web giant Bing stated Wednesday it’s going to ban all adverts from payday loan providers, calling the industry “deceptive” and “harmful.”

Google’s choice may have the maximum amount of if not more affect curtailing the industry than just about any move by politicians, as numerous payday advances begin with a desperate person looking online for methods to pay the bills or cover an urgent situation.