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


Consumer Credit Bill

I am convinced by the evidence, especially that produced by Bristol university, on the negative impact of a cap on interest rates. However, I have attended lively debates in which there is still a bit of give and take on that. Evidence from Europe and other places suggests that there are ways to get around some of those negative impacts. Is the Minister still prepared to discuss the issue? Will he look again at including a power that can be used should the evidence change?


Secondary information

Type
Proceeding contribution
Reference
434 c1486 
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