Google bans ads for payday and high interest loans

by Ginny Marvin
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 loans with an APR of 36 percent or higher in the US. David Graff, director of global product policy at Google, made the announcement in a blog post Wednesday.Read the full article