Submitted on Friday 20th January 2012
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Pay Day Loan Exploitation
We are a group of Students from St Helens College studying public services; this is a joint petition from the members of our course for a subject we feel strongly about.
We feel that the current advertisement of high interest loans on TV is damaging and targeting the most vulnerable in society.
Some of these companies are charging interest rates that are above 1000%.
These payday loans are often given with minimal credit checks and are advertised as being available to all; this targets those people who cannot access standard credit facilities.
We would like the following to be discussed;
•Limitations on the advertisement of high interest payday loans on TV.
•The selling of personal details gained during loan applications.
•Credit checks on all loans.
•Prevention of text message selling and cold calling via text messages.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
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.
18.226.226.151 Sat, 23 Nov 2024 13:28:53 +0000
