Article 5X22J Google profiting from ‘predatory’ loan adverts promising instant cash

Google profiting from ‘predatory’ loan adverts promising instant cash

by
Shanti Das
from Technology | The Guardian on (#5X22J)

The ads, some offering loans delivered faster than a pizza', appear to deliberately target those in financial trouble

Google is profiting from ads promoting instant" cash and loans delivered faster than pizza" despite a pledge to protect users from deceptive and harmful" financial products.

The ads were served to people in the UK who searched terms like quick money now" and need money help" and directed users to firms offering high-interest loans.

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