HC Deb 06 December 1960 vol 631 c1058
38. Mr. Lipton

asked the President of the Board of Trade whether he will introduce legislation to ensure stricter control of hire-purchase companies.

Mr. N. Macpherson

No, Sir.

Mr. Lipton

Has the hon. Gentleman heard of the proposed nation-wide credit-rating directory organised by a number of the leading hire-purchase organisations? Would not he agree that, with all this snooping and private exchange of information and other dubious practices of hire-purchase salesmanship, the time has come to clip the wings of these highly undesirable organisations?

Mr. Macpherson

There is a Question down later on the Order Paper with regard to that matter.