DTI claims progress made on over indebtedness

The Department of Trade and Industry’s (DTI) progress report on tackling over-indebtedness in the UK says action by the government, the credit industry and consumer groups will make a difference for those struggling with debt. Consumer minister Gerry Sutcliffe, says: “The Consumer Credit Bill will ensure that lenders act responsibly and that borrowers have effective recourse when treated unfairly.” Sutcliffe claims the Bill will boost the debt advice sector with an extra £45m allocated to increases face-to-face services for those most in need. The government says it also intends to i...