Submitted on Thursday 17th January 2013
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Anti loan sharking and loans with excessive interest rates
To implement a set of laws that cover usury, the excessive interest charged on all loans,including payday loans, credit card interest. To cap all loans at a reasonable level recognising that there are huge numbers of victims of these extortionate interest rates. A part of the new usury law would protect all borrowers in default from victimisation and intimidation.
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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.
18.226.186.153 Sun, 22 Dec 2024 06:48:05 +0000
