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Google pulls the plug on payday loan ads - Digital Minute 17/05/16
Digital Minute – the latest digital marketing news and analysis
English - May 17, 2016 09:19 - 8.17 MB VideoTechnology News Tech News stickyeyes digital minute technology news media video design online marketing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Google has confirmed that as of July 13th, it will be banning payday loans from its advertising services, in a move which it claims will protect users from “harmful” lending.
The ban will come into force worldwide, and will apply specifically to loans where repayment is due within 60 days of the date of issue.
With the payday loan market being so heavily scrutinised in recent years, this will have a significant impact on a lot of operators.
Previous algorithm updates in this sector forced many lenders to turn to paid search and, with that avenue set to close, we’ve taken a closer look into what it could mean for your brand.
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