Google Bans Payday Loan Ads In Search Results – Consumerist

Google Bans Payday Loan Ads In Search Results – Consumerist

Whoops! It looks like portions of our site are being blocked! Check your browser settings or contact your network administrator. Google can't stop you from searching for "payday loans," and the company's search engine will continue to turn up results for people inquiring about these short-term, high-interest loans, but it can choose to stop running ads for payday lenders. Starting July 13, the search engine will ban all ads for payday loans and some related products from our ads systems as apart of an updated AdWord policy unveiled on Wednesday. Specifically, Google says it will no longer allow ads — in the U.S. — for loans where repayment is due within 60 days of the day the loan is issued, or those that come with an annual percentage rate of 36% or higher. "This change is designed to protect our users from deceptive or harmful financial products," David Graff, Google's director of global product policy, said in a blog post,

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