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Proceeding contribution from Adrian Bailey (Labour) in the House of Commons on Thursday, 9 June 2005. It occurred during Debate on bill on Consumer Credit Bill.


Consumer Credit Bill

Surely the hon. Gentleman recognises that about 80 per cent. of household debt is mortgage debt. As a proportion of monthly income, it amounts to only 7 per cent. under this Government, whereas it amounted to 15 per cent. under the previous Conservative Government.


Secondary information

Type
Proceeding contribution
Reference
434 c1417-8 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Consumers Appeals Debts Cheques Credit agreements Credit Credit cards Licensing Instalment credit Interest rates Low incomes Powers of entry Protection Loans Office of Fair Trading Money lenders Regulation Unfair practices Personal loans Financial Ombudsman Service Mediation
Legislation
Consumer Credit Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk