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Force the banks to freeze overdraft charges during the Coronavirus pandemic

Submitted on Thursday 19th March 2020

Rejected on Wednesday 15th April 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Force the banks to freeze overdraft charges during the Coronavirus pandemic

Petition Details

I would like the Government to force banks to freeze overdraft charges during the period of the Coronavirus pandemic which is causing a financial crash.

Additional Information

The Corona virus is hitting the public hard, both health wise and financially. It is affecting families, the old, students, people on low wages and zero hour contracts, people on benefits and people who have been made jobless due to the Coronavirus.
These are the people most likely to be using their overdrafts. Freezing overdraft charges would drastically improve their financial situation while food supplies are low and worries of paying bills, rent etc. are at an all time high.


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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.

You may wish to sign this petition calling for the same action.

Encourage lenders to suspend interest, fees and repayments during COVID-19: petition.parliament.uk/petitions/305297

Since starting this petition, many UK banks have announced measures to help people who are experiencing financial difficulties due to coronavirus. You should look at your bank's website or contact them directly to find out more.

You can read the Financial Conduct Authority's announcement on the temporary financial relief that banks can offer customers here: www.fca.org.uk/news/press-releases/fca-confirms-temporary-financial-relief-customers-impacted-coronavirus

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

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 correspondence with Government Ministers asking further questions: committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/

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