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Interest Rates

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 5

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Petition Action

Interest Rates

Additional Information

Set an absolute maximum APR limit of 4 times Bank of England Base Rate for ANY type of borrowing, be it credit card, loan or mortgage, and if any loan of any type is made the subject of a court Charging Order then the APR of any such loan shall be fixed at Bank of England Base Rate from its inception.

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