Credit Card Debt

HC Deb 24 March 2004 vol 419 c840W

Q9. John Mann

To ask the Prime Minister what assessment he has made of the level of credit card debt. [163186]

The Deputy Prime Minister

I have been asked to reply.

Last year, the Department for Trade and Industry published a White Paper on consumer credit that looked at credit card debt in the UK, suggested ways of tackling unmanageable level of debt and offered advice to consumers looking for credit. The Government are working with the credit industry to ensure responsible lending and to increase access to free debt advice. I am also aware that the Bank of England publishes monthly statistics on credit card debt.