This petition was submitted during the 2010-2015 parliament
Petition Reduce credit card limits to £250
More details
I would like to suggest that her majesty's government , changes ,and gets the banks and other credit card operators to reduce the amount a person can have on credit.Reducing it in away that the percentage , is based on earnings. And to stop banks and credit card company's increasing credit limits which itself increases debts.
The Maximum per person should be set to £250, and also banks and credit company's should not increase credit levels above that.
This would reduce use of credit cards ,and encourage savings to purchase items
This petition is closed This petition ran for 6 months
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