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Petition · past parliament

Make the top limit for interest charged per annum not exceed 100%

Rejected 21 signatures

What the petition asks

Interest can be a complex matter, We see advertised credit with interest rates over One thousand percent on a regular basis on TV and the press, this should never be allowed to happen.

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

We think that this petition is similar:

Urge the FCA to cap repayments on rent-to-own and doorstep lending

Timeline

15 Aug 2018 Petition opened for signatures
22 Aug 2018 Rejected by the Petitions Committee

Key facts

Signatures 21
Status Rejected
Rejected 22 Aug 2018

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Source: the official petition page. Last checked 15 Jul 2026.