Debt agencies should only charge a small percentage fee for recovery of any debt

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Petition Action

Debt agencies should only charge a small percentage fee for recovery of any debt

Petition Details

Companies and debt agencies should only be allowed to charge a very small percentage fee for any recovery of debts.

Additional Information

Debt is a nationwide epidemic, companies and debt agencies have been exploiting people’s financial difficulties, and charging excessive amounts of money to recover any debt, often pushing people into further debt, and even bankruptcies and/or debt relief orders. Writing people off financially for years and sometimes preventing them from ever getting back on there financial feet again. Debt is a very stressful, experience causing anxiety, depression and even suicides. It’s time to change the la !

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