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United Kingdom · Question · Written question

UIN 66197

Credit: Debts

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 October 2021

Last action

3 November 2021 · Answer

Status

Answered

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Discovery layer

Source updated

3 November 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he made of the impact on credit scores (a) across different age groups, (b) in Feltham and Heston constituency and (c) England of the increase in debt from buy now, pay later products.

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Timeline

  1. 29 October 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he made of the impact on credit scores (a) across different age groups, (b) in Feltham and Heston constituency and (c) England of the increase in debt from buy now, pay later products.

    Source: Commons

  2. 3 November 2021

    Answer

    HM Treasury does not hold information on the impact of Buy-Now Pay-Later product usage on credit scores. On 21 October, the Government published a consultation document outlining its proposed approach to the regulation of Buy-Now Pay-Later products. The c...

    Source: Written answer

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