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This petition was submitted during the 2010-2015 parliament

Petition Cap interest rates

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Excessive interest rates are destroying young people, families and society. It is time that a reasonable cap was placed on interest rates.

Every loan offer should also have a common example for calculation, based on £100/£1,000 or £10,000 owed for 1 year, to demonstrate the real cost on any interest rate in simple terms.

This petition is closed This petition ran for 12 months

6 signatures

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