By Simon Read
Business reporter, BBC News
image copyrightGetty ImagesInstagram posts by three reality TV stars promising that people in financial trouble could wipe out 85% of their debt have been banned.
The ads were labelled “misleading” by the Advertising Standards Authority (ASA) for failing to highlight risks.
The ASA said the ads over-simplified the application process.
It also said the posts by the three people, who have more than 4.5 million Instagram followers between them, should have been labelled as ads.
The three, who have become marketing influencers, are Geordie Shore’s Chloe Ferry, 25, who has 3.7 million followers on In…
Read the full article at: https://www.bbc.com/news/business-57314684
