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Oversight Committee

Part of Financial Services Bill (Money) (No. 2) – in the House of Commons at 7:30 pm on 10th December 2012.

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Photo of Yvonne Fovargue Yvonne Fovargue Opposition Whip (Commons) 7:30 pm, 10th December 2012

Will the FCA be able to look at other concerns such as the misuse of continuous payment authority by both high-cost lenders and fee-charging debt management companies? The unrestrained use of continuous payment authority causes one of the biggest detriments to consumers that I have seen.