Bing Cancels Payday Loan Ads The argument about pay day loans has heated up (Freakonomics devoted an episode to it recently) and Bing has brought a part. Kudos to Bing in making a thoughtful, truly “don’t be business that is evil but still let people look for “payday loans” if they wish to. Beginning in July, the search-and-advertising giant will no longer takes adverts (NYT) for loans with quick terms (60 times much less) and high interest levels (36 % and much more). Reaction had been exactly just exactly exactly what you’d anticipate: advocates hailed it, a trade team called the move “discriminatory and a kind of censorship.” You are able to argue the good qualities and cons of pay day loans, you can’t disregard the larger problem this reveals: a lot of hopeless individuals who have real jobs still can’t get from paycheck even to paycheck without support.