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Consumer credit firm borrowing rules are mean

Submitted on Tuesday 10th March 2015

Published on Tuesday 10th March 2015

Current status: Closed

Closed: Monday 30th March 2015

Signatures: 1

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Money

Petition Action

Consumer credit firm borrowing rules are mean

Additional Information

The rules for consumer credit firms are that you must have assets worth 20% - 50% of the money you borrow. When you want to start your own business, its easier to just borrow money from a consumer credit firm without having to get assets worth 50% of the money you want to borrow. When you do start your own business after borrowing, you would pay the consumer credit firm back and that's not a problem. I would like the government to make borrowing money from consumer credit firms easier which is you don't have to have assets worth 50% of the money you want to borrow from the consumer credit firm.


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