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FLA response to equality bill statement on age discrimination
Responding to the Government’s policy statement on ending age discrimination in the provision of financial services as part of the Equality Bill, Fiona Hoyle, Head of Consumer Finance, said,
“It is encouraging that the Government has recognized that age is an important factor in the provision of financial services and making responsible lending decisions. But it is important that the practical application of these proposals does not adversely affect how lenders assess risk.”
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Note to editors:
The FLA is the leading trade association for the asset, consumer and motor finance sectors in the UK, covering secured and unsecured loans and credit and store card providers. In 2008 FLA members provided £60 billion to the consumer finance sector, representing almost 30% of all unsecured lending in the UK in 2008.
For further media information, please contact:
Russell Hamblin-Boone, FLA
T: 020 7420 9656 E: russell.hamblin-boone@fla.org.uk
M: 07810 374110
Helen Saxon, FLA
T: 020 7420 9664 E: helen.saxon@fla.org.uk
M: 07918 766 993