United Kingdom · Question · Written question
UIN 201355
Credit Reference Agencies
Original
Introduced
13 October 2023
Last action
19 October 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
19 October 2023
Summary
To ask the Chancellor of the Exchequer, whether he has made an estimate of the number of buy-now-pay-later providers that are reporting their customers’ borrowing and repayment records to the credit reference agencies.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 October 2023
Written question
To ask the Chancellor of the Exchequer, whether he has made an estimate of the number of buy-now-pay-later providers that are reporting their customers’ borrowing and repayment records to the credit reference agencies.
Source: Commons
19 October 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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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-10-13/201355
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1663501
- uk · wq-1663501 · source updated 19 October 2023