Bing To Ban Payday Lending Ads, Calling Business ‘Harmful’

Bing To Ban Payday Lending Ads, Calling Business ‘Harmful’

NYC (AP) — online giant Bing stated it will ban all advertisements from payday loan providers, calling the industry “deceptive” and “harmful. wednesday”

Bing’s choice may have just as much and on occasion even more affect curtailing the industry than any move by politicians, as numerous pay day loans focus on a hopeless person looking online for methods to pay the bills or protect an urgent situation.

Effective July 13, Bing will no longer enable advertisements for loans due within 60 times and also will ban advertisements for loans where in actuality the interest is 36 per cent or maybe more.

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