Posted inBusiness, Charlene Crowell, Columnists, Financial Literacy, Op-Ed, Opinion

Google Bans Payday and Other Predatory Loan Ads

For more than a decade, broad-based coalitions at both the state and federal levels have united consumer advocates, labor, clergy, civil rights champions and others in calling for an end to predatory lending. Although 16 states and the District of Columbia effectively ban payday lending, the majority of the nation is still subject to triple-digit interest rates applied to debt trap lending.