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United Kingdom · Question · Written question

UIN 38694

Financial Markets: Credit

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

18 July 2022

Last action

21 July 2022 · Answer

Status

Answered

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Discovery layer

Source updated

21 July 2022

Summary

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the level of debt that is devalued on the secondary debt market in consumer credit each year.

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Timeline

  1. 18 July 2022

    Written question

    To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the level of debt that is devalued on the secondary debt market in consumer credit each year.

    Source: Commons

  2. 21 July 2022

    Answer

    HM Treasury does not hold data in relation to the secondary debt market trading consumer credit. HM Treasury has also not made estimates of the profits that debt purchasers make by buying devalued consumer debt or of the level of debt that is devalued on ...

    Source: Written answer

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