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Stop interest and charges for credit cards and personal loans during Coronavirus

Submitted on Sunday 29th March 2020

Rejected on Wednesday 15th April 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Stop interest and charges for credit cards and personal loans during Coronavirus

Petition Details

To stop interest and charges for credit cards and personal loans or Freez payments for 3-4 months during Coronavirus

Additional Information

Because of Coronavirus most of the people can't work and will be very hard to pay back the credit card or loan + interest during the situation.
Also will be very helpful to freeze payments for 3-4-5 months during Coronavirus like many countries are doing.


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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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