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restrict the level of interest chargeable on credit cards

Submitted on Friday 26th August 2011

Published on Friday 2nd September 2011

Current status: Closed

Closed: Sunday 2nd September 2012

Signatures: 8

Tagged with

Citizens ~ Economy

Petition Action

restrict the level of interest chargeable on credit cards

Additional Information

Legislate to restrict the interest charged on personal credit cards to 10% per annum, thus ensuring banks have a return well in excess of the current base rate, citizens are relieved of a currently unreasonable financial burden, and additional personal spending is released to contribute to the growth of the economy.


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