HC Deb 19 April 1973 vol 855 cc207-8W
Mr. Jessel

asked the Secretary of State for Trade and Industry whether he will propose legislation or make other arrangements for the true rate of interest charged to be stated on accounts rendered for use of credit cards.

Mr. Emery

Legislation now being prepared will require all agreements for consumer credit, including those for the issue and use of credit cards, to disclose the true rate of charge. I believe that this will provide appropriate proteotion for the customer.

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