Submitted on Tuesday 17th March 2020
Rejected on Friday 24th April 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Pay-day loans and Credit card interest rate cap
Pay-day loans and Credit card interest rates should be capped and a maximum interest rate set. Rates currently range from 19.9% APR to 1333% for pay day loans
We urge the Government to write into Law protective measures in order to protect its citizens.
Pay-day loans and Credit card rates should be capped and a maximum interest rate set. Credit card providers cannot charge prohibitive rates while they receive credit at very low rates from the Bank of England. With individuals facing loss of earnings due to Covid-19 this would lead to further financial difficulties. The mental and physical impacts are also unmeasurable
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.
You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/304268
You can find out more about coronavirus and how you can protect yourself and others here:
www.gov.uk/coronavirus
www.nhs.uk/conditions/coronavirus-covid-19/
The Government has also created an online service to help you out what you can do if you’re struggling because of coronavirus: www.gov.uk/find-coronavirus-support
You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
You can read impartial analysis of the Government response to coronavirus and policy developments here:
commonslibrary.parliament.uk/coronavirus/
You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.
Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/
Read letters asking further questions of Government Ministers: committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/
3.144.17.181 Sat, 23 Nov 2024 12:23:43 +0000
