Written Question·Treasury·UIN 37282

Debts

Tabled: 11 March 2025

Answered: 14 March 2025

Named Day

Question

Mary Kelly Foy

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential (a) impact of (i) banks, (ii) finance and (iii) debt collection companies' practices on consumers and (b) merits of bringing forward regulation to prevent overcharging

Answer

Emma Reynolds

The Government expects fair treatment of individuals in debt and recognises the important role of responsible practices for debt recovery. We likewise recognise the negative impact that aggressive pursuit of debt can have on individuals.For financial serv...

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