Rejected petition Teach 16-18 year olds about finance in schools to prepare them for adult life.

An 18 year old can get any form of credit out whilst still in college education with no knowledge of credit scores, interest rates, and mortgage applications.
We need to teach 16-18 year olds about these subjects so they can prepare for life after education and understand the ways of handling money

More details

Over 5.4 million payday loans were taken in the year to June 2018, according to financial regulator the Financial Conduct Authority (FCA). These loans can have interest rates of up to 1,500% which could potentially be impossible for an 18 year old to pay back when in education and not in employment.
I want to see kids being taught about bills, mortgages, credit scores, rent and all other lines of credit to ensure their future is thought trough and to prevent future ongoing debt.

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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https://petition.parliament.uk/petitions/258850

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Date submitted 18 October 2019
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