Rejected petition Re-set the credit rating of everyone in the UK

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The banks caused the credit crunch and as a result of that, millions of people have ended up with credit scores that are much worse than they would have been if the banks had not caused the credit crunch. Those banks are now using those same scores to refuse credit applications by UK citizens. THE GOVERNMENT SHOULD FORCE CREDIT AGENCIES TO RESET EVERY UK CITIZENS CREDIT RATING, IN ORDER TO GIVE THEM AN EQUAL CHANCE OF PROSPERING. LENDING WOULD INCREASE, THE ECONOMY WOULD START MOVING AGAIN AND BAD PAYERS WOULD EVENTUALLY BE THE ONLY ONES THAT ARE RIGHTLY MARKED DOWN BY THE CREDIT REFERENCE AGENCIES. GOOD PAYERS WILL AGAIN BE ABLE TO OBTAIN CREDIT AND BETTER MAINTAIN THEIR FINANCIAL STATUS IN SOCIETY.

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 28 October 2012
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