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Abolition of Payday loan companies

Submitted on Tuesday 6th September 2011

Published on Wednesday 14th September 2011

Current status: Closed

Closed: Wednesday 14th March 2012

Signatures: 32

Tagged with

British ~ Money ~ Tax

Petition Action

Abolition of Payday loan companies

Additional Information

I want the Government to stop allowing payday loan companies from being able to harass hard working people who fall on hard times, who can not afford to pay the extortionate loans they were forced to take out due to loss of jobs, pay cuts and rising essential spending.

As more people lose the life they've worked hard for, these companies who lend money willy-nilly are allowed to constantly threaten, and harass instead of helping.

I want the Government to ban these companies from trading and help other organisations such as Credit Unions, after all, hard working British taxpayers have carried the burden of this country for long enough. The bank bailouts, benefits for immigrants and those working who get away with not paying tax to mention just a few are all allowed by the Government.

Now it's time for the Government to repay the favour and help us.


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