Submitted on Wednesday 18th March 2020
Rejected on Thursday 9th April 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Ask the Banks to waive, reduce and/or delay the increase in overdraft fees.
From April 2020 the FCA instructed the banking industry to change the way they charge for overdrafts. Many responded by setting a 39 to 49% APR rate. I would like the Government to ask the banks during the Coronavirus restrictions to waive, reduce and/or delay any increases in charges.
Many people in the UK live on a hand to mouth existence and have no choice but to use an overdraft or borrow funds just for day to day living.
During this time of self isolation and potentially restrictions of peoples movements and the possibility of lay offs there is a high chance that people will need support and help even more and I believe that the banks should not be able to profit from these hardships and should be protected.
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/305297
You can find out more about coronavirus and how you can protect yourself and others here:
NHS website: www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: www.gov.uk/coronavirus
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
18.188.227.33 Tue, 09 Jul 2024 01:08:13 +0100
