Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department has made an estimate of the amount of money that debt purchasers make by buying devalued consumer debt on the secondary market and seeking to collect it from people in debt.

HM Treasury does not hold data in relation to the secondary debt market trading consumer credit. HM Treasury has also not made estimates of the profits that debt purchasers make by buying devalued consumer debt or of the level of debt that is devalued on the secondary debt market in consumer credit.