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INTEREST RATES CHARGED BY DOORSTEP LENDERS

EDM (Early Day Motion) 1068: tabled on 17 November 2005

Tabled in the 2005-06 session.

This motion has been signed by 106 Members. It has received 1 amendment.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Amendment to this motion

There has been an amendment submitted to this motion.

View details of the amendment

Motion text

That this House is appalled by the extortionate interest rates that doorstep lenders charge low-income households; welcomes the Pathway to Financial Inclusion campaign launched by the National Housing Federation and Debt on Our Doorstep; calls on honourable Members to support its three step approach; urges the Government to reduce the average annual percentage interest rate of 177 per cent. charged by doorstep lenders by placing a ceiling on interest rates; recommends that the Government provide a pathway into financial inclusion by requiring doorstep lenders to register borrowers' repayment records with credit reference agencies, thus allowing them to build up a credit history; and recommends that the Government investigate legislation which will introduce the right to a basic bank account for every UK citizen, giving the one in 12 households without access to a bank account, 60 per cent. of them social housing tenants, access to mainstream banking.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Abbott, Ms Diane
Labour
Signed on 5 December 2005
Hackney North and Stoke Newington
Alexander, Danny
Liberal Democrat
Signed on 29 November 2005
Inverness, Nairn, Badenoch and Strathspey
Anderson, Mr David
Labour
Signed on 8 December 2005
Blaydon
Atkins, Charlotte
Labour
Signed on 15 December 2005
Staffordshire Moorlands
Austin, Mr Ian
Labour
Signed on 9 October 2006
Dudley North
Austin, John
Labour
Signed on 23 November 2005
Erith and Thamesmead
Baker, Norman
Liberal Democrat
Signed on 20 June 2006
Lewes
Baldry, Tony
Conservative
Signed on 15 February 2006
Banbury
Barlow, Ms Celia
Labour
Signed on 1 December 2005
Hove
Barrett, John
Liberal Democrat
Signed on 15 May 2006
Edinburgh West
Benton, Mr Joe
Labour
Signed on 8 June 2006
Bootle
Benyon, Mr Richard
Conservative
Signed on 17 May 2006
Newbury
Betts, Mr Clive
Labour
Signed on 6 December 2005
Sheffield, Attercliffe
Blackman-Woods, Dr Roberta
Labour
Signed on 7 December 2005
City of Durham
Borrow, Mr David S.
Labour
Signed on 1 December 2005
South Ribble
Brown, Lyn
Labour
Signed on 1 December 2005
West Ham
Burstow, Paul
Liberal Democrat
Signed on 23 November 2005
Sutton and Cheam
Campbell, Sir Menzies
Liberal Democrat
Signed on 8 December 2005
North East Fife
Carmichael, Mr Alistair
Liberal Democrat
Signed on 12 December 2005
Orkney and Shetland
Caton, Mr Martin
Labour
Signed on 22 November 2005
Gower
Clark, Ms Katy
Labour
Signed on 27 February 2006
North Ayrshire and Arran
Clegg, Mr Nick
Liberal Democrat
Signed on 13 February 2006
Sheffield, Hallam
Cooper, Rosie
Labour
Signed on 8 December 2005
West Lancashire
Creagh, Mary
Labour
Signed on 7 December 2005
Wakefield
Davey, Mr Edward
Liberal Democrat
Signed on 7 December 2005
Kingston and Surbiton
Dobbin, Jim
Labour
Signed on 22 November 2005
Heywood and Middleton
Dodds, Mr Nigel
Democratic Unionist Party
Signed on 24 November 2005
Belfast North
Donaldson, Mr Jeffrey M.
Democratic Unionist Party
Signed on 15 December 2005
Lagan Valley
Donohoe, Mr Brian H.
Labour
Signed on 7 December 2005
Central Ayrshire
Doran, Mr Frank
Labour
Signed on 6 December 2005
Aberdeen North
Dowd, Jim
Labour
Signed on 6 November 2006
Lewisham West
Featherstone, Lynne
Liberal Democrat
Signed on 6 February 2006
Hornsey and Wood Green
Field, Mr Frank
Labour
Signed on 1 March 2006
Birkenhead
Fisher, Mark
Labour
Signed on 19 January 2006
Stoke-on-Trent Central
Flello, Mr Robert
Labour
Signed on 14 December 2005
Stoke-on-Trent South
Flynn, Paul
Labour
Signed on 8 December 2005
Newport West
Francis, Dr Hywel
Labour
Signed on 12 December 2005
Aberavon
Galloway, Mr George
Respect
Signed on 24 November 2005
Bethnal Green and Bow
George, Mr Bruce
Labour
Signed on 26 January 2006
Walsall South
Gerrard, Mr Neil
Labour
Signed on 28 November 2005
Walthamstow
Gibson, Dr Ian
Labour
Signed on 18 May 2006
Norwich North
Gidley, Sandra
Liberal Democrat
Signed on 15 May 2006
Romsey
Godsiff, Mr Roger
Labour
Signed on 30 November 2005
Birmingham, Sparkbrook and Small Heath
Goldsworthy, Julia
Liberal Democrat
Signed on 19 December 2005
Falmouth and Camborne
Hall, Patrick
Labour
Signed on 11 May 2006
Bedford
Hamilton, Mr David
Labour
Signed on 30 November 2005
Midlothian
Hepburn, Mr Stephen
Labour
Signed on 28 November 2005
Jarrow
Hermon, Lady Sylvia
Ulster Unionist Party
Signed on 29 November 2005
North Down
Heyes, David
Labour
Signed on 6 December 2005
Ashton-under-Lyne
Hoey, Kate
Labour
Signed on 19 January 2006
Vauxhall
Horam, Mr John
Conservative
Signed on 9 January 2006
Orpington
Humble, Mrs Joan
Labour
Signed on 24 November 2005
Blackpool North and Fleetwood
Hunter, Mark
Liberal Democrat
Signed on 14 December 2005
Cheadle
Illsley, Mr Eric
Labour
Signed on 8 December 2005
Barnsley Central
Jackson, Glenda
Labour
Signed on 23 November 2005
Hampstead and Highgate
Kaufman, Sir Gerald
Labour
Signed on 2 March 2006
Manchester, Gorton
Keeley, Ms Barbara
Labour
Signed on 12 January 2006
Worsley
Laxton, Mr Bob
Labour
Signed on 15 May 2006
Derby North
Leigh, Mr Edward
Conservative
Signed on 16 May 2006
Gainsborough
Lloyd, Tony
Labour
Signed on 12 December 2005
Manchester Central
MacDougall, Mr John
Labour
Signed on 7 December 2005
Glenrothes
Marsden, Mr Gordon
Labour
Signed on 24 November 2005
Blackpool South
McCafferty, Chris
Labour
Signed on 23 November 2005
Calder Valley
McCarthy-Fry, Sarah
Labour
Signed on 1 December 2005
Portsmouth North
McCrea, Rev Dr William
Democratic Unionist Party
Signed on 22 November 2005
South Antrim
McDonnell, John
Labour
Signed on 28 November 2005
Hayes and Harlington
McGovern, Mr Jim
Labour
Signed on 12 December 2005
Dundee West
McGrady, Mr Eddie
Social Democratic & Labour Party
Signed on 12 May 2006
South Down
Meacher, Mr Michael
Labour
Signed on 12 December 2005
Oldham West and Royton
Mitchell, Mr Austin
Labour
Signed on 13 December 2005
Great Grimsby
Morgan, Julie
Labour
Signed on 19 December 2005
Cardiff North
Mudie, Mr George
Labour
Signed on 14 December 2005
Leeds East
Oaten, Mr Mark
Liberal Democrat
Signed on 19 July 2006
Winchester
Olner, Mr Bill
Labour
Signed on 7 December 2005
Nuneaton
Pelling, Mr Andrew
Conservative
Signed on 22 November 2005
Croydon Central
Penning, Mike
Conservative
Signed on 7 December 2005
Hemel Hempstead
Pugh, Dr John
Liberal Democrat
Signed on 24 November 2005
Southport
Robinson, Mrs Iris
Democratic Unionist Party
Signed on 22 November 2005
Strangford
Rowen, Paul
Liberal Democrat
Signed on 30 November 2005
Rochdale
Ruddock, Joan
Labour
Signed on 14 March 2006
Lewisham, Deptford
Sarwar, Mr Mohammad
Labour
Signed on 19 December 2005
Glasgow Central
Seabeck, Alison
Labour
Signed on 1 December 2005
Plymouth, Devonport
Simpson, David
Democratic Unionist Party
Signed on 22 November 2005
Upper Bann
Singh, Mr Marsha
Labour
Signed on 13 December 2005
Bradford West
Smith, John
Labour
Signed on 27 April 2006
Vale of Glamorgan
Starkey, Dr Phyllis
Labour
Signed on 5 December 2005
Milton Keynes South West
Taylor, Matthew
Liberal Democrat
Signed on 2 May 2006
Truro and St Austell
Teather, Sarah
Liberal Democrat
Signed on 6 June 2006
Brent East
Thornberry, Ms Emily
Labour
Signed on 17 March 2006
Islington South and Finsbury
Thurso, John
Liberal Democrat
Signed on 13 December 2005
Caithness, Sutherland and Easter Ross
Touhig, Mr Don
Labour
Signed on 22 June 2006
Islwyn
Turner, Dr Desmond
Labour
Signed on 23 November 2005
Brighton, Kemptown
Vaizey, Mr Edward
Conservative
Signed on 15 December 2005
Wantage
Walley, Joan
Labour
Signed on 11 May 2006
Stoke-on-Trent North
Walter, Mr Robert
Conservative
Signed on 23 March 2006
North Dorset
Williams, Mark
Liberal Democrat
Signed on 7 June 2006
Ceredigion
Williams, Mr Roger
Liberal Democrat
Signed on 28 November 2005
Brecon and Radnorshire
Willis, Mr Phil
Liberal Democrat
Signed on 14 December 2005
Harrogate and Knaresborough
Wilson, Sammy
Democratic Unionist Party
Signed on 15 December 2005
East Antrim
Wood, Mike
Labour
Signed on 9 January 2006
Batley and Spen

There are no withdrawn signatures for this motion.

After a motion has been tabled, other Members can table amendments to it. Amendments to this motion are shown below.

INTEREST RATES CHARGED BY DOORSTEP LENDERS (Amendment 1)
after `banking', insert `; and calls on the Government to do more to promote the virtues of community credit unions as an excellent means of extending financial inclusion and discouraging people on low incomes from using doorstep lenders.'.
Labour, North West Leicestershire
49
signatures
EDM 1068A1: tabled on 21 November 2005