House debates
Monday, 22 September 2008
Private Members’ Business
Credit Cards
Debate resumed, on motion by Mr Bruce Scott:
That the House:
- (1)
- calls on the Federal Government to amend finance legislation so as to prevent credit providers from sending unsolicited letters offering an increased credit limit to credit card holders; and
- (2)
- notes the amended legislation would stipulate that, for a credit card limit to be increased, the card holder must make the first approach to the credit provider.
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