Credit: Interest Rates
(asked on 9th October 2018) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimates he has made of the number of people that took out a high-cost loan in each of the last three years in (a) the UK and (b) Feltham and Heston constituency.
This question was answered on 15th October 2018
On 1 April 2014, regulation of the consumer credit market, including high-cost lenders, was transferred to the Financial Conduct Authority (FCA).
We have passed the Honourable Lady’s questions on to the FCA, who will reply directly by letter. A copy of the letter will be placed in the Library of the House.