Have your say on government e-petitions

End excessive bank charges and interest rates for individuals by all financial institutions

Submitted on Wednesday 7th December 2011

Published on Thursday 8th December 2011

Current status: Closed

Closed: Saturday 8th December 2012

Signatures: 2

Tagged with

Individuals

Petition Action

End excessive bank charges and interest rates for individuals by all financial institutions

Additional Information

I would like to see an end to excessive interest rates and charges made by banks and financial institutions to individuals, many of which are in no position to meet such rates.
It has recently been reported that a number of high street banks charge excessive rates for minimal borrowings, along with short term payday loans which are increasing in popularity of late
I consider the taxpayer funded bail out of banks to be sufficient payment without excessive charges imposed on hard working individuals who can least afford this.


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