questionText: To ask the Chancellor of the Exchequer, what steps he is taking to protect people from credit and loan scams; and if he will bring forward legislative proposals to make it a requirement for lenders to request ID from customers before credit can be issued.
answerText: The Financial Conduct Authority (FCA) is responsible for regulating the consumer credit market. FCA rules dictate that firms (including those offering credit cards) must have adequate policies and procedures in place to counter the risk that they might be...
heading: Credit: Fraud