Continuous payment authorities also militate against affordability checks. As was established by the OFT’s last review, once companies know that they can dip into someone’s bank ad infinitum, they simply do not bother to carry out the checks .
Financial Services Bill
Proceeding contribution from
Yvonne Fovargue
(Labour)
in the House of Commons on Monday, 10 December 2012.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
555 c100
Session
2012-13
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2023-11-26 10:42:16 +0000
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