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Proceeding contribution from Yvonne Fovargue (Labour) in the House of Commons on Thursday, 1 December 2011. It occurred during Backbench debate on Debt Advice and Debt Management.


Debt Advice and Debt Management

The other advantage of the independent database owned by the regulator is that if anyone researches a credit reference agency database, it does not show who has been on the payday lending database. When people move from payday lending to more established forms of credit, as we hope they will, their credit reference is not affected by the fact that they have had a payday loan, or maybe 10 payday loans.


Secondary information

Type
Proceeding contribution
Reference
536 c1165 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Debts Advisory services Insolvency
Link
View this Proceeding contribution on www.publications.parliament.uk