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UK Parliament

Committee considers issues including consumer credit and problem debt

1 November 2016

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The Select Committee on Financial Exclusion takes evidence from a range of organisations, including the Centre for Responsible Credit, the Consumer Finance Association and Bright House.

Witnesses

Tuesday 1 November, Committee Room 1, Palace of Westminster

At 10.40am

  • Damon Gibbons, Director, Centre for Responsible Credit
  • Sue Lewis, Chair, Financial Services Consumer Panel

At 11.40am

  • Russell Hamblin-Boone, Chief Executive, Consumer Finance Association
  • Hamish Paton, Chief Executive, Bright House
  • David Rees, Chairman, Law Committee, Consumer Credit Association

Possible questions

  • How has the pattern of consumer credit and problem debt changed since 2008?
  • Where has the Financial Conduct Authority been successful in its activities so far, and where might it do better?
  • What has been the effect of the cap on payday loan interest rates introduced in 2013 in terms of the use of the products offered by different companies in the sector?
  • How do practice and policy differ between the payday sector, the home credit sector and the rent-to-own sector – in terms of who they lend to, what they charge and how they deal with arrears?

Further information

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