Submitted on Friday 26th August 2011
Published on Friday 2nd September 2011
Current status: Closed
Closed: Sunday 2nd September 2012
Signatures: 8
restrict the level of interest chargeable on credit cards
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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