Petition · past parliament

Require credit card companies to reduce their high rates of interest immediately

Rejected 10 signatures

What the petition asks

We would like the Government to require all credit card companies to reduce their high rates of interest immediately and for the entire duration of this coronavirus national emergency
At this time of national crisis, it is unfair to expect people who at risk of losing their jobs and/or income to pay the very high rates of interest that credit card companies charge.

Why it was rejected

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

You may wish to sign this petition calling for the same action: Encourage lenders to suspend interest, fees and repayments during COVID-19

You can find out more about coronavirus and how you can protect yourself and others here:

NHS website: https://www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: https://www.gov.uk/coronavirus

You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

Timeline

18 Mar 2020 Petition opened for signatures
9 Apr 2020 Rejected by the Petitions Committee

Key facts

Signatures 10
Status Rejected
Rejected 9 Apr 2020

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