Submitted on Monday 23rd January 2012
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Stop "pay day loan" extortion !
Stop "pay day loan " extortion ! ...
The government are currently allowing "loan Shark" type to money lenders to operate under the friendly guise of a "pay day" or short term loan companies that charge extortionate interest rates on the loans with some in the region in excess of 5000% !!
This type of "loan shark" culture is creating more problems and hardship for the borrowers in general as the payback rates are in the main unaffordable for the borrowers, which can literally ruin peoples lives, this must stop, the government must stop these licensed criminal type companies to operate and create a way to help the people that are so desperate that they turn to these unscrupulous money lenders !
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
3.141.193.158 Thu, 25 Apr 2024 03:15:18 +0100
