Additional information or documents may be requested to confirm your account is in compliance with all local laws and regulations. ![]() We must be able to establish a connection between your developer account and any provided licenses or documentation proving your ability to service personal loans. We do not allow apps that promote personal loans which require repayment in full in 60 days or less from the date the loan is issued (we refer to these as "short-term personal loans"). A privacy policy that comprehensively discloses the access, collection, use, and sharing of personal and sensitive user data, subject to the restrictions outlined in this policy.A representative example of the total cost of the loan, including the principal and all applicable fees.Maximum Annual Percentage Rate (APR), which generally includes interest rate plus fees and other costs for a year, or similar other rate calculated consistently with local law.Minimum and maximum period for repayment.Examples not included: Mortgages, car loans, revolving lines of credit (such as credit cards, personal lines of credit)Īpps that provide personal loans, including but not limited to apps which offer loans directly, lead generators, and those who connect consumers with third-party lenders, must have the App Category set to “Finance” in Play Console and disclose the following information in the app metadata:.Examples: Personal loans, payday loans, peer-to-peer loans, title loans. ![]() ![]() Personal loan consumers require information about the quality, features, fees, repayment schedule, risks, and benefits of loan products in order to make informed decisions about whether to undertake the loan. We define personal loans as lending money from one individual, organization, or entity to an individual consumer on a nonrecurring basis, not for the purpose of financing purchase of a fixed asset or education.
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