Ban payday loan adverts on public billboards and bus shelters
This petition made change with 149 supporters!
We are concerned about the growth of payday lending and the way these loans trap people in spirals of unmanageable debt. As part of the Citizens UK Just Money campaign we are working for better regulation of the payday lending sector, including a cap on the total cost of credit. Until such regulation is in place we are calling on all relevant bodies to do what they can to protect people from usurious lending.
As Christmas approaches we know that these companies will seek to use public advertising to target people in our borough who are struggling to make ends meet. We therefore call on the Council to follow the example of Plymouth Council and work with any relevant partners to ban payday loan advertising wherever possible and as soon as possible in public spaces - billboards, bus shelters etc - as well as ensuring that payday loan adverts are banned from all public computers and any Council publications.
We further request that the Council writes to the Mayor of London Boris Johnson, Sir Peter Hendy (Commissioner of Transport for London) and Vernon Everitt (Managing Director, Customer Experience, Marketing and Communications) informing them of the Council's decision to ban payday loan advertising in the borough and asking them to consider amending the TfL Advertising Policy to include a similar ban on all London public transport.
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