NEW ORLEANS — A bing administrator contrasted pay day loans to tobacco, firearms and pornography Wednesday while justifying the technology giant’s choice to ban adverts for high-cost, short-term credit rating.
“we do not enable advertisements for items that we think are exceptionally harmful,” stated Vijay Padmanabhan, an insurance policy adviser at Google.
Bing, which announced the prohibition on pay day loan advertising month that is last had formerly prohibited adverts for legal services and products, he stated. Also regarding the business’s marketing blacklist are firearms, cigarettes and material that is lewd.
Payday loan providers have now been sharply critical associated with advertising ban, calling Bing a monopoly that is abusing its power, and explaining the insurance policy as a type of censorship.
Padmanabhan forced right back contrary to the experts during an on-stage discussion at a financial-health conference co-sponsored by United states Banker plus the Center for Financial Services Innovation.
“It really is perhaps perhaps not censorship,” he stated, noting that pay day loan internet sites still appear into the organization’s search engine results. “we are perhaps not anything that is doing respect to Bing search, despite having this modification.