Justin Madders
Main Page: Justin Madders (Labour - Ellesmere Port and Bromborough)Department Debates - View all Justin Madders's debates with the Leader of the House
(6 years, 7 months ago)
Commons ChamberThe hon. Gentleman raises a very important point. If he writes to the Secretary of State for Work and Pensions, I am sure she will respond. If he wants to do that through me, I am happy to take it up with my right hon. Friend on his behalf.
My constituents, Mr and Mrs Dodd, face losing their home next month as a result of a personal guarantee they signed with Goldcrest Distribution Ltd. The case highlights the lack of safeguards for individuals who sign such agreements and the unreasonable way that finance companies pursue such debts. An offer to repay nearly double the loan amount was rejected, and the debt continues to increase at a rate of over £300 a day, thanks to interest rates at which even Wonga would blush. Please can we have a debate on more protection for individuals in these circumstances?