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ban high interest commercial lending

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 9

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ban high interest commercial lending

Additional Information

There are many adverts on the TV at the moment preying on those struggling to manage financially tempting you to instant loans - the interest rates are as high as 3000% - the misery such loans would cause, sinking people further into debt they cannot get out of - such unreasonable interest rates should not be legal and if legal the interest rate should be right across the screen in huge letters.

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