A Bill to impose certain limits on consumer credit interest rates and charges; to establish a levy on credit and debit card providers to fund the provision of debt advice services; to give powers to local authorities to restrict the provision of premises for licensed consumer credit agencies within a local area; to make provision regarding the availability of certain financial services products at branches of the Post Office; to make other measures relating to the regulation of, and availability of advice on, consumer credit; and for connected purposes;
The bill aims to curb certain costs attached to consumer credit by setting limits on interest rates and charges. It would raise a levy on card providers to fund debt‑advice services, empower local authorities to restrict where licensed credit agencies can operate, and address the availability of some financial services at Post Office branches, along with other measures on how consumer credit is regulated and advised on.
The bill is at the second reading in the House of Commons. If advanced, it would proceed to committee stage, followed by report stage, third reading, and then consideration by the Lords.
Generated 21 February 2026
No recorded votes for this bill yet.
