Nick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)Department Debates - View all Nick Smith's debates with the Ministry of Defence
(12 years, 11 months ago)
Commons ChamberI am happy to give my hon. Friend that assurance. I have been through the body of recommendations that Lord Levene made and that were endorsed by my predecessor. I am happy with them as a whole and I will pursue their implementation.
T8. The British Legion’s money advice service helped more than 3,000 service families with unsecured-loan problems last year. Today’s Daily Mirror reports that firms such as QuickQuid are targeting military personnel and charging annual rates of more than 1,000%. According to the Daily Mirror, the Minister has never heard of payday loans, so how will he stop those get-rich-quick merchants ripping off our service families?
May I counsel the hon. Gentleman? In no circumstances should he believe everything that he reads in the Daily Mirror. However, in response to the hon. Member for Walthamstow (Stella Creasy) who referred to payday loans on Thursday, I made the point that the issue had never been raised with me.