A cap on excessive interest rates considered by government
A cap on excessive interest rates charged on credit and store cards is being considered as part of a review of consumer borrowing.
The government wants experts' views on how consumer credit, such as credit cards and store cards, can be fairer.
This includes discussion on whether the regulator will be able to put a limit on high interest rates charged to those who might have difficulty repaying.
Bank charges and personal insolvencies are also covered by the review.
