Credit: Consumers
Commons · Question 2702 · Tabled 19 May 2026 · Treasury · Official record
Answered 22 May 2026
Question
Asked by Jim Shannon
To ask the Chancellor of the Exchequer, what discussions she has had with regulators on the affordability of consumer credit products.
Answer
Answered by Rachel Blake, 22 May 2026
The Government recognises that, when provided responsibly, credit can play an important role in helping people manage unexpected expenses and smooth their cash flow. Access to suitable, affordable credit products can support people’s financial resilience ...