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Credit companies braced for MPs' anger

MPs are expected to criticise credit card companies for pushing "easy credit" at tomorrow's Treasury select committee meeting, after a debt report revealed that bailiffs are chasing a record £5 billion of debt.

John McFall, chairman of the committee, said: "The report shows there is too much easy credit available. Unsolicited increases in credit limits and a lack of information on statements are allowing credit card holders to tip-toe to disaster."

Published: Wed, 15 Oct 2003 01:00:00 GMT+01

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