Lenders accuse Bing of overstepping mark with ban on pay day loan apps

Lenders accuse Bing of overstepping mark with ban on pay day loan apps

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G oogle’s decision to wipe “deceptive” and “exploitative” payday loans through the Android operating system was met with critique from short-term loan providers whom slammed it for treading regarding the government that is british toes.

Loans that need payment in complete in 60 times or less, also called pay-cheque improvements or short term installment loans will undoubtedly be prohibited, Bing has warned app designers in a contact.

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