Labour MP who championed payday loan fee caps in new push to help tackle problem debtThe Labour MP who championed a crackdown on payday lenders is taking aim at high-cost credit cards, calling for a cap on fees and interest charges to protect vulnerable customers.Stella Creasy, credited with forcing the Treasury to impose a cap on interest rates and fees charged by payday loan companies such as Wonga and the Money Shop, will push in parliament on Tuesday for the introduction of similar rules for credit cards. Continue reading…
Via: Stella Creasy to call for crackdown on high-cost credit cards
Categories: English News