Written Question·Treasury·UIN 105805
Credit
Tabled: 14 January 2026
Answered: 21 January 2026
Question
Mohammad Yasin
Labour — Bedford
To ask the Chancellor of the Exchequer, what steps she is taking to improve public awareness of and regulate high-cost credit.
Answer
Lucy RigbyLenders offering high-cost credit are regulated by the Financial Conduct Authority (FCA). This oversight ensures that lending practices are fair and that consumers are protected. In 2013 the Government placed a duty on the FCA to implement a price cap for...
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