Bing has established an up-date for their AdWords policy on financial products.
At the time of July 13 (2016) Google “will not enable adverts for loans where payment is born within 60 times of the date of issue” nor will they show ads for “loans having an APR of 36% or more. “
They cite individual protection once the cause for this up-date, especially that “research has revealed why these loans may result in unaffordable payment and default that is high for users. “
This is certainly a cause that is noble it is this truly the explanation?
Google Is A Payday Lender Investor
If We said that Bing is dedicated to a Payday loan provider, can you believe me? Well, in accordance with this, and several other articles, Bing Ventures is an investor in payday lender LendUp.
Let us begin with the bond between Bing Ventures and LendUp.
At first, once you lookup the listed investors of LendUp on CrunchBase.com, you may not see Bing Ventures listed. Until such time you discover that the investment capital Investment Arm of Bing has become understood merely as GV:
Listed here is GV’s very own entry in Crunchbase. Note the furthest departure that is possible commonly-known logo design and color scheme, keeping just the iconic G. Continue Reading…