Wednesday 11 January 2012
London MEP Sarah Ludford is calling for national action following an EU-wide investigation which found that 80% of British consumer credit websites fail to supply legally required consumer information.
The 2011 EU Consumer Credit investigation into more than 500 websites has found that 70% (393) of sites lack at least some of the legally required information to help consumers make an informed decision. In the UK 38 out of 47 (80%) checked websites revealed irregularities which will now be investigated further by the UK's Office of Fair Trading.
Commenting after the publication of the initial findings Sarah Ludford commented: