Orders of the Day — Consumer Credit Bill

Part of the debate – in the House of Commons at 12:28 pm on 9th June 2005.

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Photo of Iain Wright Iain Wright Labour, Hartlepool 12:28 pm, 9th June 2005

My hon. Friend is being most generous in giving way. I wish to mention the principle according to which the more consumers borrow, the more that the credit card companies or other lenders allow them to borrow, thus pushing them to the very limit of affordability. Can he assure us that the Office of Fair Trading will look at that key issue when it considers lenders' credit competence?