A full ban on usury in the UK
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Usury is still legal in the UK in the XXI century. This most barbaric manifestation of financial greed is still allowed to ravage those most vulnerable and in need of help. Interest rates for payday and weekly loans from such lenders as Wonga, Sunny, 247 Money, CashASAP, Wageme, Piggybank, Smartpig and countless others reach astronomical levels of 1500% in the economic environment where real interest rates have been negative for over a decade. Usury is an affront against humanity. It thrives in places where there are real social problems and where real people are left behind by the State and neglected by society. No society, no country, no people and no culture, which condones usury in law, can call itself civilised. This petition calls for an outright legal ban on usury and for legal punishment for those who seek to profit from such savage practices.
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