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United Kingdom · Question · Written question

UIN 26424

Cars: Credit

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 January 2025

Last action

30 January 2025 · Answer

Status

Answered

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Discovery layer

Source updated

30 January 2025

Summary

To ask the Chancellor of the Exchequer, if she will make an assessment of trends in the level of consumer credit debt relating to car purchases in the last five years.

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Timeline

  1. 27 January 2025

    Written question

    To ask the Chancellor of the Exchequer, if she will make an assessment of trends in the level of consumer credit debt relating to car purchases in the last five years.

    Source: Commons

  2. 30 January 2025

    Answer

    The Government regularly engages with the Bank of England, the Financial Conduct Authority (FCA) and the Money and Pensions Service (MaPS) to monitor personal finances and debt levels. According to the FCA, 2 million cars were bought on finance in the 12 ...

    Source: Written answer

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