Backbench Business — High-cost Credit

Part of the debate – in the House of Commons at 1:12 pm on 5th September 2013.

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Photo of Ian Swales Ian Swales Liberal Democrat, Redcar 1:12 pm, 5th September 2013

The hon. Gentleman is making a very good speech. He talked about the percentage rates that are quoted. Does he agree that there should be much clearer ways of explaining to people what they will have to pay back, given that only about 10% of people understand percentages?