HC Deb 24 February 1987 vol 111 c203W
Mr. Nicholls

asked the Secretary of State for Trade and Industry what recent representations he has received about the availability of credit to young people from organisations providing funds; and if he will make a statement.

Mr. Howard

In 1986 I received some 23 letters relating to personal over-indebtedness and roughly one third of these expressed particular concern about the availability of credit facilities to young people. This year, to date, I have received a further four letters on this subject, all but one concerned with young people. I shall continue to keep the situation under review but I do not believe it would be right to impose restrictions on the availability of credit to young people.

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