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The institution of payday loans is predatory capitalism at its worst. Pixabay A specific circle of hell is in store for those running payday loan companies. Take Scott Tucker. He made a pact with the devil. Tucker, a former professional race car driver, built an illegal payday loan empire and is currently serving a 16-year, …

High-interest consumer loans – often called payday advances – are now banned from having applications on the Google game store, The Wall Street Journal (WSJ) reported Sunday, October 13. Apple doesn’t have a similar ban, but the company told the WSJ that it regularly reviews its App Store rules to “address new or emerging issues.” …

Google has fought predatory lending for a while, but now it’s fighting that fight in its app store. the the wall street journal at learned that Google recently banned Play Store apps with “deceptive or harmful” personal loans with an APR of 36% or more, like many payday loans. A spokesperson said the expanded financial …