HC Deb 12 July 1989 vol 156 c513W
Mr. Hood

To ask the Chancellor of the Duchy of Lancaster what information he has on the range of interest rates set by licensed finance companies in Scotland.

Mr. Maude

I have been asked to reply.

The Government do not keep information on the ranges of interest rates available from licensed finance companies. Regulations ensure that a prospective borrower under a consumer credit agreement receives clear information on the interest rate being offered and that the information is on a basis which facilitates comparison with other sources of consumer credit.

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