questionText: To ask the Chancellor of the Exchequer, what steps she is taking to reduce the number of households relying on high-cost credit to meet living expenses.
answerText: The Financial Conduct Authority (FCA) is responsible for regulating the consumer credit sector. The FCA requires firms to carry out an assessment of the creditworthiness of a prospective borrower before entering into a regulated credit agreement with them...
heading: Credit: Interest Rates