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Proceeding contribution from Jack Straw (Labour) in the House of Commons on Thursday, 7 December 2006. It occurred during Business statement on Business of the House.


Business of the House

I share my hon. Friend’s concern about the issue and I applaud him for his work on it. When he gave me a copy of the leaflet, I thought that the APR was a misprint, but it is not. I notice that the small print also claims that there are ““no hidden charges””—on an APR of 177 per cent. This is a very serious issue and I will draw it to the attention of my right hon. Friend the Secretary of State for Trade and Industry.


Secondary information

Type
Proceeding contribution
Reference
454 c449 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Credit agreements Credit Interest rates Farepak
Link
View this Proceeding contribution on www.publications.parliament.uk