This petition was submitted during the 2017 to 2019 Parliament
Rejected petition Make the top limit for interest charged per annum not exceed 100%
Rejected on
Interest can be a complex matter, We see advertised credit with interest rates over One thousand percent on a regular basis on TV and the press, this should never be allowed to happen.
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.
You are more likely to get action on this issue if you sign and share a single petition.
We think that this petition is similar:
https://petition.parliament.uk/petitions/215364
We only reject petitions that don’t meet the petition standards.