Petition Ban payday loans...

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Debt advisors believe borrowers are falling prey to questionable marketing techniques, brought over to the UK from the USA, where payday loan companies have been driven out of business in a number of states either by an outright ban, or by the imposition of annual interest rate caps.

The annual percentage rate (APR) on these loans can be more than 2000%.

This petition is closed This petition ran for 6 months

167 signatures

Progress of the petition towards its next target: 167 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 8 December 2012
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