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May 13, 2016
In a statement made earlier this week, Google announced that effective July 13, 2016, it will be banning all advertisements for loans that need to be paid within 60 days of the issue date. Ads for loans with an APR higher than 36 percent will also get the boot.

This means that we should no longer see ads for payday loans or other short-term loan products with high interest rates by mid-July. Google is following in the footsteps of Facebook, who...