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Stop banks increasing overdraft interest rates to 40% during Covid-19 outbreak.

Submitted on Monday 16th March 2020

Rejected on Wednesday 25th March 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Stop banks increasing overdraft interest rates to 40% during Covid-19 outbreak.

Petition Details

High street banks are starting to increase overdraft interest rates to 40% this month. This rise must be delayed to allow people to cope with the economic impact of Covid-19.

Additional Information

Instruct banks to postpone the increase.


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This petition was rejected

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/302724

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