United Kingdom · Question · Written question
UIN 1201
Credit Reference Agencies
Introduced
9 November 2023
Last action
16 November 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
16 November 2023
Summary
To ask the Chancellor of the Exchequer, what estimate he has made of the number and proportion of buy now pay later providers who voluntarily report their customers’ (a) borrowing and (b) repayment records to credit reference agencies.
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Timeline
9 November 2023
Written question
To ask the Chancellor of the Exchequer, what estimate he has made of the number and proportion of buy now pay later providers who voluntarily report their customers’ (a) borrowing and (b) repayment records to credit reference agencies.
Source: Commons
16 November 2023
Answer
HM Treasury regularly monitors the consumer credit market as part of its normal process of policy development. Buy-Now Pay-Later (BNPL) is an interest-free product which gives consumers a time-limited means of spreading payments for their purchases. When ...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-11-09/1201
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1668916
- uk · wq-1668916 · source updated 16 November 2023