HC Deb 22 November 1979 vol 974 c286W
Mr. Mike Thomas

asked the Secretary of State for Trade when he expects to make regulations under the truth-in-lending provisions of the Consumer Credit Act 1974 to require lenders to specify the true rate of interest to be paid by borrowers.

Mrs. Sally Oppenheim

I expect to lay before Parliament shortly regulations governing consumer credit advertisements and quotations and to consult interested bodies early next year on proposals for regulations on the form and content of agreements.

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