Prime Minister's question asked in the House of Commons, by Jim Devine (Labour). It was answered on Wednesday, 16 December 2009 on behalf of the Prime Minister.
Engagements
- Question
- Has my right hon. and learned Friend seen today's Daily Record, which exposed a legalised lending company charging an annual percentage rate of 2,639,538.9 per cent? Is it not about time that we followed the lead of European countries and put a cap on interest charges, especially in the run-up to Christmas?
- Answer
-
I congratulate the Daily Record on its campaign against loan-sharking. It is important that we inform everybody that Government-funded money advice centres are there to help people, that in all areas there are loan-sharking investigation teams and that people can look to their credit unions for help. For many families, there is a lot of pressure at Christmas, so they should take advice and use credit unions.
Secondary information
- Type
- Oral question
- Reference
- 502 c959
- Session
- 2009-10
- Oral question type
- Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Money lenders
- Link
- View this Prime Minister's question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-01 15:15:47 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1477965/-question
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