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Google slaps an AdWords ban on payday loans and other high interest finance services

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Google announced it will no longer accept and display ads promoting payday loans requiring repayment within 60 days. The update to the AdWords policy also includes a ban on ads for high-interest.

I feel, in financial services, the best companies, the most successful long-run stories, will do the right thing for their customers, always. That also means not making a high-profile release of a new product, like a high-interest checking and savings account yielding way above anyone else, before you’ve actually checked with the regulators.

The search site will ban all payday loan ads from its site amid concerns the lending practice exploits the poor and vulnerable via loans with sky-high interest rates.. Google to ban payday loan.

Millions of payday loan ads removed from Google. Facebook already has a ban on payday loan ads, but Yahoo and others still accept them.. Google bans high-interest payday loan apps from Play.

Search the world’s information, including webpages, images, videos and more. Google has many special features to help you find exactly what you’re looking for.

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To truly escape the cycle of payday borrowing, these people need alternative services-including help with budgeting, saving, and finding a higher-paying job. By eliminating a major avenue for payday lenders to entice consumers, Google’s ban on ads for these loans is an important step. I hope other advertisers will follow their example.

AT&T CEO Slaps Down 5G Criticism by Verizon and T-Mobile: AT&T CEO John Donovan slapped down 5G recent criticism by Verizon and T-Mobile at the Consumer Electronics Show in Las Vegas. Those companies and some others have criticized them saying AT&T is “slapping 5G stickers” on upgraded 4G phones.

In recent years Google has started to tighten up on the products that can be promoted through its services. After cracking down on porn, the latest victims of the ban hammer are payday loans and.

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