This petition was submitted during the 2010-2015 parliament
Petition Consumer credit firm borrowing rules are mean
More details
The rules for consumer credit firms are that you must have assets worth 20% - 50% of the money you borrow. When you want to start your own business, its easier to just borrow money from a consumer credit firm without having to get assets worth 50% of the money you want to borrow. When you do start your own business after borrowing, you would pay the consumer credit firm back and that's not a problem. I would like the government to make borrowing money from consumer credit firms easier which is you don't have to have assets worth 50% of the money you want to borrow from the consumer credit firm.
This petition closed early because of a General Election
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