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Action To Cap Payday Loans

EDM number 276 in 2013-14, proposed by George Galloway on 18/06/2013.
Categorised under the topics of Financial services and Loans.

That this House believes that the Government has backtracked on a commitment to cap payday loans; notes that in November 2012 a capping amendment in the House of Lords was withdrawn by the proposers on the urging of the Government following an assurance that a more comprehensive one would be introduced; further believes that legal loan sharks like Wonga who can charge thousands of percent interest are profiting on poverty; and demands that the Government lives up to its commitment and caps payday loan interest rates and bans the companies advertising their iniquitous schemes.

This motion has been signed by a total of 23 MPs.

George Galloway18/06/2013Bradford WestRespectProposed
Alan Meale19/06/2013MansfieldLabourSeconded
Ronnie Campbell19/06/2013Blyth ValleyLabourSeconded
Martin Caton19/06/2013GowerLabourSeconded
Jim Dobbin19/06/2013Heywood and MiddletonLabourSeconded
Mark Durkan19/06/2013FoyleSocial Democratic and Labour PartySeconded
Kelvin Hopkins20/06/2013Luton NorthLabourSigned
John McDonnell20/06/2013Hayes and HarlingtonLabourSigned
Jeremy Corbyn20/06/2013Islington NorthLabourSigned
Katy Clark20/06/2013North Ayrshire and ArranLabourSigned
Margaret Ritchie24/06/2013South DownSocial Democratic and Labour PartySigned
Jim McGovern25/06/2013Dundee WestLabourSigned
Naomi Long26/06/2013Belfast EastAllianceSigned
Michael Weir26/06/2013AngusScottish National PartySigned
Virendra Sharma26/06/2013Ealing, SouthallLabourSigned
Elfyn Llwyd27/06/2013Dwyfor MeirionnyddPlaid CymruSigned
Ian Lavery27/06/2013WansbeckLabourSigned
John Hemming01/07/2013Birmingham, YardleyLiberal DemocratSigned
Lindsay Roy01/07/2013GlenrothesLabourSigned
Peter Bottomley03/07/2013Worthing WestConservativeSigned
Mary Glindon04/07/2013North TynesideLabourSigned
Roger Godsiff08/07/2013Birmingham, Hall GreenLabourSigned
Hywel Williams15/10/2013ArfonPlaid CymruSigned

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