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.
http://www.bis.gov.uk/Consultations/consumer-credit-call-for-evidence
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