This petition was submitted during the 2010-2015 parliament
Petition ban high interest commercial lending
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There are many adverts on the TV at the moment preying on those struggling to manage financially tempting you to instant loans - the interest rates are as high as 3000% - the misery such loans would cause, sinking people further into debt they cannot get out of - such unreasonable interest rates should not be legal and if legal the interest rate should be right across the screen in huge letters.
This petition is closed This petition ran for 6 months
9 signatures
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