Treasury Committee: Inquiry


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Report and oral and written evidence | press notice

Background to inquiry:

The Treasury Committee undertook a short inquiry into the impact on the credit ratings of consumers shopping around to obtain credit, through personal loans or credit cards, on the most advantageous terms. The inquiry covered:

  • The effect of multiple credit searches on individuals' credit ratings including the size of the change in credit scores;
  • The extent to which lenders offer best practice quotation searches.

The Committee held the following oral evidence session:

Tuesday 27 October, 9.45am, Grimond Room, Portcullis House


 At 9.45am:

  • Martin Lewis,
  • Toby Van der Meer, MD for Money,

 At 10.30am:

  • Steve Martin, External & Regulatory Affairs Manager, Equifax
  • Gillian Key‐Vice, Head of Government Affairs and Regulatory Policy, Experian
  • Eric Leenders, Executive Director of Retail, BBA 
  • Fiona Hoyle, Head of Consumer Finance & Fraud, Finance and Leasing Association
  • Jan Smith, Industry Relations Director, Callcredit Information Group

 At 11.15am:

  • Vivienne Dews, Executive Director, Corporate Services, and Nigel Cates, Deputy Director, Consumer Credit Group, Office of Fair Trading
  • Jonathan Holbrook, Head of Data Protection Practice ‐ Private Sector, Office of the Information Commissioner