googleGoogle recently announced its plan to ban all payday loan ads from its site following criticism that they exploit the most vulnerable of the population. These loans typically exploit the poor by offering immediate cash with sky high interest rates.

The ban is the first time the search giant announced a global ban on ads for a wide category of financial products. In the past Google has only prohibited illicit activity advertisements such as selling drugs, explosives, guns or advertisements that are explicit in nature.

Facebook is another tech company that doesn’t display advertisements for payday loans. Source:


Google’s Global Ban on Payday Loans
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