As part of a crackdown on credit cards and store cards, the Government is considering capping interest rates in a bid to get the consumer a fairer deal. Following the Government’s review into consumer borrowing, Consumer Minister, Edward Davey, and Financial Secretary to the Treasury, Mark Hoban, have asked industry experts for their views as [...]
It is possibly about time there were some form of regulation on interest for credit cards and loans. It's little wonder that some people never get out of debt.
Credit card interest could be capped
