Demand banks suspend overdraft charges during coronovirus pandemic

Rejected 18 signatures

What the petition asks

Demand banks suspend overdraft charges during the pandemic as people will be forced to use them and the banks will be making profit.
This will put people into more debt and may force people to continue work other than isolate as they should.

This is a national crisis that the bank's should not be profiting from. They were bailed out by the public 12 years ago, perhaps now they can pay it back and help us.

Why it was rejected

The UK Government or Parliament was already taking the action it asked for.

Since you started your petition, the Financial Conduct Authority has introduced new measures to help those struggling financially due to Coronavirus.

You can read more about these measures here: https://www.fca.org.uk/consumers/coronavirus-information-personal-loans-credit-cards-overdrafts

If you would like additional measures, you may wish to sign this petition:
Encourage lenders to suspend interest, fees and repayments during COVID-19

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

19 Mar 2020	Petition opened for signatures
14 Apr 2020	Rejected by the Petitions Committee

Key facts

Signatures 18

Status Rejected

Rejected 14 Apr 2020

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