Google Bans Payday Loan Apps With APR Above 36pct From Play Store

[engine]

Google has decided to ban payaday loan apps from its Play Store if the APR is 36% or higher.

[play.google.com...]

[Robert Charlton]

Actually, Google goes far beyond Payday Loan apps here. They're covering all sorts of harmful and deceptive, as well as usurious products....

We don't allow apps that expose users to deceptive or harmful financial products and services.

They're including "all-or-nothing" financial options, as well as cryptocurrency mining on "devices".