Limit the amount of time cifas can stay on your credit to 13 months

Rejected 21 signatures

What the petition asks

Prevent banks from putting a cifas marker on people’s accounts for longer than 13 months for first time offenders.

Today having a bank account to do online transactions and make contactless payments is a necessity.A cifas marker most times affects young people who unknowingly become money mules.Or it even affects online sellers who are paid with a hacked account or by a fraudulent charge back.Banning people from having a bank account for 6 years puts a strain on their lives and relegates them to a financial Stone Age. With 1.3 million unbanked in the UK, we should take steps in improving financial inclusion.

Why it was rejected

It asked for something that is not the responsibility of the UK Government or Parliament.

Petitions must call for a specific action that the UK Government or House of Commons is responsible for.

Decisions about taking action in the case of fraud is a matter for individual banks and fraud prevention bodies such CIFAS, not the Government or House of Commons.

As a result it is not possible for the Government or House of Commons to take the action you have requested.

Timeline

27 Aug 2021	Petition opened for signatures
1 Sep 2021	Rejected by the Petitions Committee

Key facts

Signatures 21

Status Rejected

Rejected 1 Sep 2021

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