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Place a cap on the amount of charges that can be applied to debts

Submitted on Tuesday 25th September 2018

Rejected on Monday 8th October 2018

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Place a cap on the amount of charges that can be applied to debts

Petition Details

Currently Mental Illness and Suicides from this are a major problem, an issue which is observed in some of these instances is the financial side.
Too many people are getting into debt, but the charges applied on top are making people struggle to ever get out this situation.

Additional Information

Bailiffs are coming across as intimidating and adding ridiculous fees which can be more costly than the debt itself.
Having a debt management meeting or something to give flexibility would be an excellent idea.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions have to call on the UK Government or Parliament to take a specific action.

We understand that you would like the Government or Parliament to legislate for a cap on charges applied to debts, but we are not sure whether you mean a cap on interest rates or on other types of charges. We are also not sure whether you want a requirement to attend debt management meetings.

You could start a new petition setting out clearly what action you would like the Government or Parliament to take.

Have your say on this petition!

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