Beginning July 13 of this year, Google will stop accepting and displaying ads for a specific slice of payday and high interest loans. Any payday loan that requires repayment within 60 days or any high interest loan with an APR of 36% or higher in the USA will no longer be displayed. Search Engine Land has the story.
Payday loan groups have a history of spamming the ever-loving crap out of Google. The two groups have never really seen eye-to-eye. So this latest move is hardly surprising. And, honestly, payday loans are predatory as hell. So, to hell they go.