Backbench Business — High-cost Credit

Part of the debate – in the House of Commons at 1:49 pm on 5th September 2013.

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Photo of Robin Walker Robin Walker Conservative, Worcester 1:49 pm, 5th September 2013

My hon. Friend is making an interesting speech. She mentioned being put on a repayment programme. Does she agree that one of the more pernicious things happening in the sector is that some high-cost lending companies are masquerading as a way out and as a repayment mechanism for debts? That needs to be carefully considered when it comes to regulation.