Payday loans banned from Adwords

Google announced today that on July 13 will bann all “ads for payday loands and some related products from our ads systems.” Globally all the ads where repayment of the loans is due within 60 days are banned. In USA, alll the ads with an APR above 36% will be alsso banned.

David Graff, Director, Global Product Policy of Google, wrote today that Google, in 2015 alone, disabled more than 780 million ads for reasons ranging from counterfeiting to phishing.