John Spellar – 2014 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by John Spellar on 2014-04-10.

To ask the Secretary of State for Transport, what assessment he has made of the prevalence of the practice of logbook lending.

Stephen Hammond

No assessment has been made by the Department for Transport. The regulation of consumer credit, including the practice of logbook loans, is a matter for the Financial Conduct Authority.