Google’s Cash Advance Advertising Ban: Consumer Advocacy or Censorship?

Google’s Cash Advance Advertising Ban: Consumer Advocacy or Censorship?

To date, Bing will not accept adverts for pay day loans, thought as loans which will come due within 60 times of origination or with interest levels greater than 36%. Customer advocates round the nation and beyond our boundaries are applauding your choice as one step toward protecting individuals in serious straits that are financial “solutions” that more frequently than not placed them deeper in debt. Not everyone is cheering, however.

Town Financial solutions Association of America (CFSAA), which positions it self as “the only organization that is national entirely to marketing accountable legislation associated with pay day loan industry and customer defenses through CFSA’s guidelines,” was quick to condemn Google’s choice.

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