Patricia Gibson
Main Page: Patricia Gibson (Scottish National Party - North Ayrshire and Arran)Department Debates - View all Patricia Gibson's debates with the Leader of the House
(2 years, 7 months ago)
Commons ChamberI think I granted that before the question was asked, because on Wednesday 19 January, there will be the remaining stages of the Building Safety Bill, which will be an opportunity to debate this matter.
Stronger safeguards are needed to stop online consumers choosing “buy now, pay later” options to pay for products without knowing the risks. As new research by Which? reveals, many people do not think that they are taking on debt when using that payment method, the use of which has soared in recent years. Will the Leader of the House make a statement on the need to regulate this unregulated area of the credit market, including the need for much greater transparency on the risks that consumers face when using “buy now, pay later” options?
The hon. Lady is right to raise this. People ought to know what they are doing when they buy things online and ought to have consumer protections. There is a debate coming up later today on the draft Online Safety Bill, and that debate is entitled to cover these sorts of areas, so I encourage her to participate in it.