Petition · Department for Business and Trade
Make predatory lenders illegal in the UK
Closed
64 signatures
What the petition asks
We call on the UK Government to take immediate action against predatory lending practices by high-cost short-term credit providers, which can charge extortionate interest rates as high as 1,271% APR.
We urge the Government to introduce a lower cap on interest rates to prevent lenders from charging excessive APRs; ban the advertisement of high-cost loans and credit providers on mainstream media to protect vulnerable consumers and review the role of the FCA in regulating these lenders and ensure it is enforcing stronger consumer protections.
Timeline
| 21 Mar 2025 | Petition opened for signatures |
| 21 Sep 2025 | Closed to new signatures |
Key facts
Signatures
64
Status
Closed
Department
Department for Business and Trade
Opened
21 Mar 2025
Closed
21 Sep 2025
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Source: the official petition page. Last checked 17 Aug 2026.