Early day motion tabled by primary sponsor Sally Keeble (Labour), on Tuesday, 2 February 2010, in the House of Commons. It is signed by 59 members in total.

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REGULATION OF STORE CARDS AND CREDIT CARDS

That this House welcomes the recent consultation by the Department for Business, Innovation and Skills on the regulation of store cards and credit cards; notes its proposals for measures to prevent unsolicited credit limit increases, debt re-pricing and increases of minimum payments; and, given the pressure on consumers during difficult financial times to opt for easy credit, calls on the Government urgently to bring forward recommendations to protect consumers from exploitation.

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Secondary information

Type

Early day motion

Reference

781 

Session

2009-10

Other sponsors

Jim Dobbin

Bob Spink

Paul Robert Holmes

Lindsay Hoyle

Lord Touhig

Subjects

Financial services

Link

View this Early day motion on www.parliament.uk