§ Mr. SteelTo ask the Secretary of State for Trade and Industry what steps are being taken to promote plain English in the credit industry in expressing terms and conditions for loans.
§ Mr. ForthThe codes of practice of a number of consumer credit trade associations require the use of plain English in all communications with the consumer. In addition, regulations under the Consumer Credit Act which will come into force on 1 February 1990 require that certain consumer credit advertisements contain prescribed statements. These statements are in plain English.