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Dear All
For anyone who has had experience of the payday loan industry this may be important. An e-petition is currently running, which if it gets 100,000 signatures will make this issue eligible for discussion in the house of commons.
Please offer your support and join us in signing the petition here:
http://epetitions.direct.gov.uk/petitions/20219
This petition condemns the Government for continuing to delay action on regulating the high-cost credit market and calls on them to introduce caps on the total cost of credit, so that British consumers get the same protection from payday lenders, home credit companies and hire purchase agreement providers as enjoyed by others across the world.
Given the evidence of growing numbers of UK consumers getting into debt as a result of these forms of credit we call upon the UK Parliament to act on this matter before Christmas in order to defend British consumers from the legal loan shark industry.
Best
SnV
For anyone who has had experience of the payday loan industry this may be important. An e-petition is currently running, which if it gets 100,000 signatures will make this issue eligible for discussion in the house of commons.
Please offer your support and join us in signing the petition here:
http://epetitions.direct.gov.uk/petitions/20219
This petition condemns the Government for continuing to delay action on regulating the high-cost credit market and calls on them to introduce caps on the total cost of credit, so that British consumers get the same protection from payday lenders, home credit companies and hire purchase agreement providers as enjoyed by others across the world.
Given the evidence of growing numbers of UK consumers getting into debt as a result of these forms of credit we call upon the UK Parliament to act on this matter before Christmas in order to defend British consumers from the legal loan shark industry.
Best
SnV
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