Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to review the legal age at which an individual may enter into consumer credit and legally binding contracts.

Capacity to contract is a core principle in British contract law and is designed to protect people who lack the necessary capacity to enter into a binding agreement. Most adults, typically those who are aged 18 and over, are presumed to possess contractual capacity.

The Consumer Credit Act (1974) makes it a criminal offence to offer credit to a minor.