Submitted on Thursday 29th November 2012
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: irrelevant (see below for details)
CAP the APR charges on credit facilities
I would like all APR charges for credit cards, loans, hire purches to be capped to avoid the "debtor" debt to spiral out of control. All payment plans when setup with a creditor should be interest free to pay off there existing debt. This will then help to reduce the bankruptcies or IVA's.
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The Government e-Petitions Team gave the following reason:
3.147.65.47 Thu, 21 Nov 2024 12:02:40 +0000