Term: payday lender
2 found

Google Bans Ads for Payday Loans

By Steven Shaw on 5/12/2016

Effective July 13, Google is banning ads for payday loans and related products, the company said Wednesday in a statement. With this, Google will not display ads for loans that require payment within 60 days of the date of issue. In the U.S., ads for loans with an APR of 36% or higher will also not be shown.

Google
payday lender
Payday Loan
Payday Loan Complaints
Payday loans

Are Banks Getting Out of Short-Term Loans?

By Steven Shaw on 2/3/2014

Are Banks Getting Out of the Payday Loan Business? 

Quick-fix credit products have been under scrutiny in recent years, and the Consumer Financial Protection Bureau has studied how payday loans lead consumers into cycles of overwhelming debt. Deposit advances are similar in that they allow a bank customer to take out a small, short-term loan to make ends meet until their next paycheck hits their account (that direct deposit pays for the advance).

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Direct Deposit Advance
payday lender
payday loans
Short-Term Loans