Consumer Credit and Personal Insolvency: call for evidence

This call for evidence invites people to have a say on how the existing consumer credit and personal insolvency regimes might be improved and seeks views on a number of Coalition commitments, including:

• tackling unfair bank charges;
• introducing a seven-day cooling off period for store cards;
• introducing a power for a regulator to cap interest rates on credit and store cards; and
• requiring credit card providers to make electronic statements available to enable consumers to judge whether an alternative credit card would provide better value for money.
  

Download the consultation

• Managing borrowing and dealing with debt: call for evidence in support of the consumer credit and personal insolvency review (PDF, 292 Kb) 
• Debt and insolvency: 'Managing borrowing and dealing with debt: call for evidence' in plain English (PDF, 856 Kb) 

Download the government response

• Consumer credit and personal insolvency review: summary of responses on consumer credit and formal response on personal insolvency (PDF, 333 Kb) 
• Consumer credit and personal insolvency review: - formal response on consumer credit (PDF, 239 Kb)