Submitted on Friday 18th October 2019
Rejected on Friday 18th October 2019
Current status: Rejected
Rejection code: duplicate (see below for details)
Teach 16-18 year olds about finance in schools to prepare them for adult life.
An 18 year old can get any form of credit out whilst still in college education with no knowledge of credit scores, interest rates, and mortgage applications.
We need to teach 16-18 year olds about these subjects so they can prepare for life after education and understand the ways of handling money
Over 5.4 million payday loans were taken in the year to June 2018, according to financial regulator the Financial Conduct Authority (FCA). These loans can have interest rates of up to 1,500% which could potentially be impossible for an 18 year old to pay back when in education and not in employment.
I want to see kids being taught about bills, mortgages, credit scores, rent and all other lines of credit to ensure their future is thought trough and to prevent future ongoing debt.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
petition.parliament.uk/petitions/258850
3.15.225.117 Tue, 03 Dec 2024 18:52:42 +0000
