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United Kingdom · Question · Written question

UIN 40569

Credit Cards: Coronavirus

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 April 2020

Last action

5 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

5 May 2020

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the equity of interest rates charged by credit card companies deferring payments on loans as a result of the covid-19 outbreak.

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Timeline

  1. 27 April 2020

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the equity of interest rates charged by credit card companies deferring payments on loans as a result of the covid-19 outbreak.

    Source: Commons

  2. 5 May 2020

    Answer

    On 14 April, the Financial Conduct Authority (FCA) published guidance that sets out what it expects firms to do for customers facing payment difficulties due to the exceptional circumstances arising from COVID-19. In relation to credit cards, the guidance...

    Source: Written answer

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