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Interest Rates

Submitted on Tuesday 9th October 2012

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Interest Rates

Additional Information

A campaign to urge the UK Government to limit the interest rates by companies such as Wonga.com.

The company's founder, South African entrepreneur Errol Damelin has denied claims that Wonga is a 'legal loan shark' despite the online lender charging interest rates of as much as 4500% to customers.

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This petition was rejected

The Government e-Petitions Team gave the following reason:

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