Bill · started in the Commons

High Cost Credit Bill

A Bill to make provision for regulating high-cost credit arrangements and providers of such arrangements; to provide for controls on advertising, information and communications associated with such arrangements; to make measures to address the cost and affordability of such credit arrangements and their associated charges; to regulate matters concerning repayments under such arrangements; to make provision on advice and advice services in relation to debt arising from such arrangements; and for connected purposes.

The story so farThe High Cost Credit Bill was introduced in the House of Commons on 19 June 2013 by Paul Blomfield (Labour). It is now at second reading in the House of Commons. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.

Progress through Parliament

Source: the official bill page. Last updated 15 May 2014.