Excessive Interest Rates For Personal Loans

EDM number 22 in 2008-09, proposed by Phil Willis on 03/12/2008.
Categorised under the topics of Financial services and Loans.

That this House deplores the unscrupulous money lending of firms such as Provident Personal Credit, Mobile Money Ltd and Shopacheck Financial Services who charge 365.1 per cent., 378.3 per cent. and 440.3 per cent. APR respectively on relatively small personal loans; is deeply concerned that these companies often target less affluent and vulnerable households on the approach to Christmas and at times of severe financial hardship; and calls on the Government to take all necessary steps to regulate money lenders and to outlaw excessive interest rates by placing an upper limit on the level of interest that can be charged on all personal loans.

This motion has been signed by a total of 70 MPs, 1 of these signatures have been withdrawn.

MP	Date	Constituency	Party	Type
Phil Willis	03/12/2008	Harrogate & Knaresborough	Liberal Democrat	Proposed
John Grogan	03/12/2008	Selby	Labour	Seconded
Andrew George	03/12/2008	St Ives	Liberal Democrat	Seconded
Bob Spink	03/12/2008	Castle Point	Independent	Seconded
Paul Rowen	04/12/2008	Rochdale	Liberal Democrat	Seconded
Lynne Jones	04/12/2008	Birmingham, Selly Oak	Labour	Seconded
David Taylor	04/12/2008	North West Leicestershire	Labour	Signed
Paul Holmes	04/12/2008	Chesterfield	Liberal Democrat	Signed
Paul Truswell	08/12/2008	Pudsey	Labour	Signed
Robert Wareing	08/12/2008	Liverpool, West Derby	Independent	Signed
Betty Williams	08/12/2008	Conwy	Labour	Signed
John Leech	08/12/2008	Manchester, Withington	Liberal Democrat	Signed
Daniel Rogerson	08/12/2008	North Cornwall	Liberal Democrat	Signed
Stephen Williams	08/12/2008	Bristol West	Liberal Democrat	Signed
Mark Williams	08/12/2008	Ceredigion	Liberal Democrat	Signed
Mark Hunter	08/12/2008	Cheadle	Liberal Democrat	Signed
Mike Hancock	08/12/2008	Portsmouth South	Liberal Democrat	Signed
Paul Flynn	08/12/2008	Newport West	Labour	Signed
Ann Cryer	08/12/2008	Keighley	Labour	Signed
Bob Russell	08/12/2008	Colchester	Liberal Democrat	Signed
Evan Harris	08/12/2008	Oxford West & Abingdon	Liberal Democrat	Signed
Kelvin Hopkins	08/12/2008	Luton North	Labour	Signed
Elfyn Llwyd	08/12/2008	Meirionnydd Nant Conwy	Plaid Cymru	Signed
John McDonnell	08/12/2008	Hayes & Harlington	Labour	Signed
Alan Meale	08/12/2008	Mansfield	Labour	Signed
Annette Brooke	08/12/2008	Mid Dorset & North Poole	Liberal Democrat	Signed
Jeremy Corbyn	08/12/2008	Islington North	Labour	Signed
Jim Devine	09/12/2008	Livingston	Labour	Signed
Hywel Williams	09/12/2008	Caernarfon	Plaid Cymru	Signed
Andrew Stunell	09/12/2008	Hazel Grove	Liberal Democrat	Signed
Mark Durkan	09/12/2008	Foyle	Social Democratic and Labour Party	Signed
Dai Davies	10/12/2008	Blaenau Gwent	Independent	Signed
Willie Rennie	10/12/2008	Dunfermline & Fife West	Liberal Democrat	Signed
Jo Swinson	10/12/2008	East Dunbartonshire	Liberal Democrat	Signed
Janet Dean	10/12/2008	Burton	Labour	Signed
Michael Clapham	10/12/2008	Barnsley West & Penistone	Labour	Signed
Martin Caton	10/12/2008	Gower	Labour	Signed
William McCrea	10/12/2008	South Antrim	DUP	Signed
Nick Harvey	10/12/2008	North Devon	Liberal Democrat	Signed
David Simpson	10/12/2008	Upper Bann	DUP	Signed
John Hemming	11/12/2008	Birmingham, Yardley	Liberal Democrat	Signed
John Battle	11/12/2008	Leeds West	Labour	Signed
Neil Gerrard	11/12/2008	Walthamstow	Labour	Signed
Nigel Dodds	11/12/2008	Belfast North	DUP	Signed
Edward O'Hara	11/12/2008	Knowsley South	Labour	Signed
Brian Jenkins	11/12/2008	Tamworth	Labour	Signed
John Pugh	11/12/2008	Southport	Liberal Democrat	Signed
John Mason	15/12/2008	Glasgow East	Scottish National Party	Signed
David Anderson	15/12/2008	Blaydon	Labour	Signed
Rudi Vis	15/12/2008	Finchley & Golders Green	Labour	Signed
Denis Murphy	15/12/2008	Wansbeck	Labour	Signed
George Galloway	16/12/2008	Bethnal Green & Bow	Respect	Signed
Bill Etherington	16/12/2008	Sunderland North	Labour	Signed
Frank Cook	16/12/2008	Stockton North	Labour	Signed
Gregory Campbell	16/12/2008	East Londonderry	DUP	Signed
Eric Illsley	16/12/2008	Barnsley Central	Labour	Signed
David Heyes	16/12/2008	Ashton-under-Lyne	Labour	Signed
Tom Brake	17/12/2008	Carshalton & Wallington	Liberal Democrat	Signed
Paul Burstow	18/12/2008	Sutton & Cheam	Liberal Democrat	Signed
David Hamilton	12/01/2009	Midlothian	Labour	Signed
Marsha Singh	13/01/2009	Bradford West	Labour	Signed
Greg Pope	14/01/2009	Hyndburn	Labour	Signed
Adam Price	26/01/2009	Carmarthen East & Dinefwr	Plaid Cymru	Signed
Norman Baker	03/02/2009	Lewes	Liberal Democrat	Signed
Alasdair McDonnell	11/02/2009	Belfast South	Social Democratic and Labour Party	Signed
Eddie McGrady	23/02/2009	South Down	Social Democratic and Labour Party	Signed
Richard Younger-Ross	23/02/2009	Teignbridge	Liberal Democrat	Signed
Andy Reed	05/03/2009	Loughborough	Labour	Signed
Simon Hughes	11/11/2009	North Southwark & Bermondsey	Liberal Democrat	Signed
John Bercow	Unknown			Withdrawn

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