The rescue team stabilised the patient before initiating the evacuation process
A spokesman said that the expanded financial policy, implemented earlier this year, was meant to "protect users" against "exploitative" terms, Engadget reported on Sunday quoting The Wall Street Journal.
The affected lenders were not happy with the tech giant's move.
This essentially forces them to either offer lower rates or bow out entirely.
Online Lenders Alliance CEO Mary Jackson repeatedly maintained that the companies' practices were allowed, arguing that the ban hurts "legitimate operators" as well as customers looking for "legal loans", the report added.
The rescue team stabilised the patient before initiating the evacuation process
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Generally, commission accounts for 2 per cent of the sale value and 5 per cent of the annual rental, excluding 5 per cent value-added tax