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Introduce a Usury Act

Submitted on Wednesday 24th August 2011

Published on Thursday 1st September 2011

Current status: Closed

Closed: Saturday 1st September 2012

Signatures: 5

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Petition Action

Introduce a Usury Act

Additional Information

We the undersigned call on the Government to introduce a Usury Act to limit the amount of interest companies can charge on loans. It is not in the interest of those that are a credit risk to be loaned money at rates of over 2000% APR and is unscrupulous and exploitative.

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