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To: Retail Banks

Stop excessive overdraft charges while people deal with fallout from coronavirus.

Stop excessive overdraft charges while people deal with fallout from coronavirus.

Stop excessive overdraft charges while people deal with fallout from coronavirus.

Why is this important?

People are already living in debt. The implications of the covid-19 pandemic mean that more people will be even worse off. Banks should of course be allowed to charge for borrowing, but with interest rate slashed to an historic 0.1%, it's not so easy to justify a flat rate of 40% apr.

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Updates

2020-03-25 09:36:32 +0000

10 signatures reached