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Ban all adverts for money leaders (except for recognised banking instituations)

Submitted on Friday 2nd September 2011

Published on Wednesday 14th September 2011

Current status: Closed

Closed: Friday 14th September 2012

Signatures: 11

Tagged with

Money

Petition Action

Ban all adverts for money leaders (except for recognised banking instituations)

Additional Information

Ban adverts for money lenders such as Wonga.com and QuikQuid.com where interest rates are extraordinally high and people run the risk owing thousands in a short amount of time for what initially was a small small loan.

Allow only recognised banking instituations who are regulated by the FSA to advertise as these will not cause in any way as much damage as high interest rate loans.


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