CONSUMER CREDIT LOAN DATA

Early day motion 252, tabled 28 June 2016 by Jim Shannon (DUP). Signed by 13 members.

That this House urges the Financial Conduct Authority to mandate the compulsory real-time sharing of consumer credit loan data by all high-cost short-term credit providers with all UK credit reference agencies; and further urges that all high-cost short-term credit providers should search a real-time credit database and consider the search results before deciding whether to grant a consumer a high-cost short-term credit facility.

Signatures by party: DUP 6, Independent 2, Labour 2, Scottish National Party 2, Conservative 1.