MPs Continue Probe Into Credit Card Industry
Credit card bosses to be grilled by select committee over progress of reform
19th October 2004
The chief executives of Lloyds TSB, HBOS and Capital One are to be questioned by MPs in the latest round of the Treasury Select Committee's enquiry into the credit card industry.
The committee has previously demanded that the industry be made more transparent, with clearer information on costs and charges, and a standardised way of calculating APR figures. The MPs are likely to acknowledge that some progress has been made, but that there is still some way to go.
Read More: BBC Your Money
Home - Credit Cards
