Credit and Debt Collection

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of regulatory oversight of debt purchasing companies in ensuring that credit reference data is updated promptly following the completion of an Individual Voluntary Arrang

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Timeline

1. 27 October 2025

   Written question

   To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of regulatory oversight of debt purchasing companies in ensuring that credit reference data is updated promptly following the completion of an Individual Voluntary Arrang

   Source: Commons

2. 4 November 2025

   Answer

   The Financial Conduct Authority (FCA) is responsible for the regulation of firms carrying out debt purchasing activities in respect to credit or consumer hire agreements. The FCA expects that these firms treat customers fairly, including those in vulnerab...

   Source: Written answer

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• · Treasury · Answering body

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