Technology News Google bans predatory payday loan apps from the Play Store – Engadget

Technology News

Apple doesn’t have a identical ban, however told the WSJ that it automatically opinions its App Store rules to “address tranquil or rising disorders.”

To no one’s surprise, affected lenders are not cheerful — this forces them to both offer lower rates or bow out entirely. Online Lenders Alliance CEO Mary Jackson many conditions maintained that the companies’ practices had been allowed, arguing that the ban hurts “reliable operators” as properly as customers shopping for “honest loans.”

Whereas there could per chance per chance well not be too many folk mourning the absence of these loans, Google’s decision does lift the quiz of whether store operators could per chance per chance well quiet ban apps whose alternate fashions are ethically shaky, however quiet honest. Basic like retailers’ approaches to e-cigarettes, tech giants can have enough vitality to determine on whether or not entire alternate classes can prevail.

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