The proposed changes do not touch upon the widespread practice by store card and, indeed, other credit card organisations of ensuring that the part of the credit with the lowest interest rate is paid off first and the highest interest part is left until last. That practice should be much more widely publicised, and action should be taken against it.
Financial Services Bill
Proceeding contribution from
Andrew Love
(Labour)
in the House of Commons on Monday, 25 January 2010.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
504 c571 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 09:59:18 +0000
URI
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