Google Said It Would Ban All Payday Loan Ads. It Didn’t.

The Intercept
Friday, October 7, 2016

Although Google announced in May that it would ban all payday loan advertisements through its AdWords service, months after the policy was implemented brokers that connect borrowers to payday lenders still buy Google ads. They appear to have easily sidestepped the company's rules, leaving consumers still vulnerable to high-cost debt traps that can ruin their financial lives.