Rejected petition Interest Rates

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A campaign to urge the UK Government to limit the interest rates by companies such as Wonga.com.

The company's founder, South African entrepreneur Errol Damelin has denied claims that Wonga is a 'legal loan shark' despite the online lender charging interest rates of as much as 4500% to customers.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

We only reject petitions that don’t meet the petition standards.

Date submitted 9 October 2012
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