Google bans predatory payday loan apps from the Play Store


Apple would not have the same ban, however instructed the WSJ that it routinely opinions its App Store guidelines to “tackle new or rising points.”

To nobody’s shock, affected lenders aren’t glad — this forces them to both provide decrease charges or bow out completely. Online Lenders Alliance CEO Mary Jackson repeatedly maintained that the firms’ practices had been allowed, arguing that the ban hurts “legit operators” in addition to clients in search of “authorized loans.”

While there will not be too many individuals mourning the absence of those loans, Google’s resolution does increase the query of whether or not retailer operators ought to ban apps whose business fashions are ethically shaky, however nonetheless authorized. Much like retailers’ approaches to e-cigarettes, tech giants could have sufficient energy to resolve whether or not or not whole business classes can succeed.

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