Important:

This petition was submitted during the 2010-2015 parliament

Rejected petition Prevention of extortionately high interest rates to protect the vulnerable, unable to afford or understand the consequences of such loans and HP

More details

A call to protect our society against extortionately high interest rates charged on loans or HP arrangements, often hidden in small print. To press the case for a reasonable cap on such rates charged by companies and much clearer messaging for consumers to understand.

It is often to most needy, vulnerable and poorer members of our society who are pressed into taking on such unfair arrangements.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

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