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Statutory Limits On Fees And Interest Rates Associated With Loans

EDM number 173 in 2002-03, proposed by Colin Challen on 21/11/2002.

That this House believes that far too many of its honourable Members' constituents are being trapped in usurious personal loan agreements, which include exorbitantly high charges, such as acceptance fees, insurance charges and interest rates; and believe that such charges and rates should be controlled by statute allowing for such costs to be limited to regularly reviewed levels in proportion to the loan service.

This motion has been signed by a total of 25 MPs.

MPDateConstituencyPartyType
Colin Challen21/11/2002Morley & RothwellLabourProposed
Jeremy Corbyn25/11/2002Islington NorthLabourSigned
Terry Davis25/11/2002Birmingham, Hodge HillLabourSigned
Andrew George25/11/2002St IvesLiberal DemocratSigned
Rudi Vis25/11/2002Finchley & Golders GreenLabourSigned
Terry Lewis26/11/2002WorsleyLabourSigned
Gordon Marsden26/11/2002Blackpool SouthLabourSigned
Martin Caton26/11/2002GowerLabourSigned
Harry Barnes26/11/2002North East DerbyshireLabourSigned
Hugh Bayley26/11/2002York, City ofLabourSigned
Harold Best26/11/2002Leeds North WestLabourSigned
Alan Meale27/11/2002MansfieldLabourSigned
Robert Wareing27/11/2002Liverpool, West DerbyLabourSigned
Neil Gerrard27/11/2002WalthamstowLabourSigned
Harry Cohen27/11/2002Leyton & WansteadLabourSigned
Paul Holmes27/11/2002ChesterfieldLiberal DemocratSigned
Eric Illsley28/11/2002Barnsley CentralLabourSigned
Tony Colman28/11/2002PutneyLabourSigned
David Drew28/11/2002StroudLabour Co-operativeSigned
Meg Munn03/12/2002Sheffield, HeeleyLabour Co-operativeSigned
John McDonnell12/12/2002Hayes & HarlingtonLabourSigned
Kevin McNamara16/12/2002Kingston upon Hull NorthLabourSigned
Jeff Ennis17/12/2002Barnsley East & MexboroughLabourSigned
Michael Connarty16/01/2003Falkirk EastLabourSigned
George Howarth10/11/2003Knowsley North & Sefton EastLabourSigned

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