Does Google’s Crack Down on Pay Day Loan Apps Signal Their Demise?

Does Google’s Crack Down on Pay Day Loan Apps Signal Their Demise?

Tech Giant Bing has launched a crackdown in the applications it gives with its Play shop.

Bing announced it is to take a stand against just what it considers become harmful cash advance apps where in actuality the apr are at minimum 36% or higher.

Having prohibited marketing for just what it perceives become misleading or harmful” unsecured loans, the hill company that is view-based expanded their economic policy so that you can “protect users” against “exploitative” conditions and terms.

“Our Bing Enjoy developer policies are made to protect users and have them safe. We expanded our financial-services policy to guard folks from misleading and exploitative personal-loan terms.”

QuickQuid Closes

The headlines that Bing is always to simply simply take an even more role that is proactive policing the cash advance industry comes just like QuickQuid, the UK’s largest payday lending company is always to close with a huge number of complaints against it nevertheless unresolved.