Payday Loans Debate

Full Debate: Read Full Debate

Lord Elystan-Morgan

Main Page: Lord Elystan-Morgan (Crossbench - Life peer)

House of Lords

Payday Loans

Lord Elystan-Morgan Excerpts

Company Cars
Tuesday 10th January 2012

(12 years, 10 months ago)

Lords Chamber
Share Debate
Read Full debate Read Hansard Text
Lord Elystan-Morgan Portrait Lord Elystan-Morgan
- Hansard -
-

My Lords, can the noble Baroness kindly tell the House what use is made by judges in England and Wales of the statutory powers vested in them that allow them to ameliorate or even to disallow conditions in a loan agreement that are unconscionably harsh upon a vulnerable borrower?

Baroness Wilcox Portrait Baroness Wilcox
- Hansard -
- - Excerpts

I do not have the answer to that question today, but I will certainly look into it, write to the noble Lord and put the answer in the Library.

Return to start of debate - Return to top of page