Rent-To-own Retailers

EDM number 292 in 2016-17, proposed by Martin Docherty on 05/07/2016.
Categorised under the topics of Companies, Consumers and Financial services.

That this House notes the concerning lending practices of many rent-to-own retailers; considers that these retailers often target the most financially vulnerable families in local communities; shares the concerns of affected citizens who risk being driven further into long-term debt by the prospect of short-term lower prices for essential household goods; and calls on the Government to outline plans to regulate and curb opportunist profiteering at the expense of the poor by such companies.

This motion has been signed by a total of 32 MPs.