Submitted on Wednesday 24th August 2011
Published on Thursday 1st September 2011
Current status: Closed
Closed: Saturday 1st September 2012
Introduce a Usury Act
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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