My hon. Friend is being most generous in giving way. I wish to mention the principle according to which the more consumers borrow, the more that the credit card companies or other lenders allow them to borrow, thus pushing them to the very limit of affordability. Can he assure us that the Office of Fair Trading will look at that key issue when it considers lenders’ credit competence?
Consumer Credit Bill
Proceeding contribution from
Iain Wright
(Labour)
in the House of Commons on Thursday, 9 June 2005.
It occurred during Debate on bills on Consumer Credit Bill.
Type
Proceeding contribution
Reference
434 c1409 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-01-26 17:56:03 +0000
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