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From:
Arthur Breens <mail@change.org> Date: Mon, Nov 26, 2012 at 2:39 PM
Subject: Karen's story
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![Change.org]() | | Jules - Our foster daughter Karen* is a hard worker. She has been ever since she left school at 16. Having struggled at school with special educational needs, she set her mind to getting a job and working to support herself. Sadly, it wasn't always easy for Karen and she fell into a cycle of alcohol abuse, gambling and debt. That's when she turned to a pay day lender. The debt of £100 soon spiralled out of control and she found herself owing £1,000 with the companies chasing her ruthlessly for the ever increasing sum of money. Some of these firms charge up to 16,000%, making it almost impossible for those already struggling to ever pay the debt back. That's why I've started a petition on Change.org urging members of the House of Lords to vote to cap the interest which companies can charge for these loans. I know people need to take responsibility for their actions but I believe these companies intentionally exploit those struggling with money and something must be done. By capping interest rates at least borrowers like Karen would have a chance of getting on top of their debt. Karen was lucky. She had a support system that could help her get out of this cycle of debt. Others are not so lucky. This Wednesday the House of Lords has a chance to do something that could help thousands of people. Please join me in asking them to take that chance. Thank you, Arthur *Karen's name has been changed to protect her identity ---------------------------------------------------------------------------------------- Want to find out more about campaigns being started on Change.org in the UK? Click here to follow @UKChange on Twitter. | | This email was sent by Change.org to mailtojules@gmail.com | Start a petition
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*Many Thanks
Jules
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