Help people who try to clear their debts, says MP

Stephen Ladyman working for South Thanet

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Help people who try to clear their debts, says MP

Labour MP, Stephen Ladyman, has used an adjournment debate in the House of Commons to call for people who do their best to repay their debts to be given a chance to repair their credit rating.

"Credit is a vital part of modern life and too many people are being treated as Financially Untouchable or Funts. Funts who do their best to repay what they owe and are responsible in addressing their debts should be treated differently to people who are feckless or reckless. I want more help and information for people who have debt problems to stop them becoming Funts, but I also want Funts who do the right thing to be treated better by the financial services sector than those who don’t. They should be able to earn a clear credit rating not punished. " said Dr.Ladyman after the debate.

"This is a problem that is now facing hundreds of thousands of people. It affects people in all walks of life and being treated as a Funt can have an impact that is out of all proportion to your original mistake. And its made worse by th fact that people who try to do the right thing do not get the recognition they deserve."