We don't allow apps that expose users to deceptive or harmful financial products and services.
For the purposes of this policy, we consider financial products and services to be those related to the management or investment of money and cryptocurrencies, including personalised advice.
If your app contains or promotes financial products and services, you must comply with regional and local regulations for any region or country that your app targets – for example, include specific disclosures required by local law.
We don't allow apps that provide users with the ability to trade binary options.
We don't allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency.
We define personal loans as lending money from one individual, organisation or entity to an individual consumer on a non-recurring basis, not for the purpose of financing the purchase of a fixed asset or education. 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.
Apps that provide personal loans, including but not limited to, apps that offer loans directly, lead generators and those that 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:
We do not allow apps that promote personal loans that 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').
Examples of common violations
High APR personal loans
In the United States, we do not allow apps for personal loans where the Annual Percentage Rate (APR) is 36% or higher. Apps for personal loans in the United States must display their maximum APR, calculated consistently with the Truth in Lending Act (TILA).
This policy applies to apps which offer loans directly, lead generators, and those who connect consumers with third-party lenders.
Additional requirements for personal loan apps in India, Indonesia and the Philippines
Personal loan apps in India, Indonesia and the Philippines must complete the additional proof of eligibility requirements below.