Submitted on Tuesday 17th January 2012
Published on Wednesday 18th January 2012
Current status: Closed
Closed: Friday 18th January 2013
Signatures: 1
Usuary Act
Commercial lending should have a maximum annual interest including any fees and management charges of 15% p.a.
The Government should bring in a 'Usuary Act' to stop banks, pay-day lenders et al from charging usuary rates of interest causing distress to the poorest members of our society.
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