Issued By
North Yorkshire
County Council


A SCARBOROUGH couple with learning difficulties are the latest victims to be hit by a high interest rate when a door to door salesman sold them £100 of shopping vouchers.

The couple, who attend a day centre in the town, were told that they had agreed to pay an APR of 187.2 per cent. They had agreed to repay the loan over 26 weeks, paying back £130.

Now the matter is being investigated by North Yorkshire County Council's trading standards service.

Chas Nicholls, manager of the day centre which the couple attend: "This is a classic case where someone has called at this couple's home and got them to sign up to something which hasn't been fully explained to them. We need to do everything we can to protect the vulnerable people in our society. Unfortunately there are too many people out there who want to exploit the situation."

Councillor Carl Les, the county council's executive member for trading standards, said: "We are always concerned when we hear of such high interest rates and urge people to pay attention to the APR rate and how much they will repay, not how much each repayment will be.

"Shopping around for credit is the best option. In respect of credit companies if we find unacceptable selling practices then we will report them to the Office of Fair Trading. They may consider the companies unfit to hold a consumer credit licence which is a pre-requisite for trading."


Contact: Len Swift, trading standards on 01609-768612 or Chas Nicholls on 01723-583017

Executive member: Councillor Carl Les (Con) 01677-423702 Mob: 07860-639600
Group spokespeople: Councillor Steve Shaw-Wright (Lab) 01757-708849; Councillor Mrs Caroline Seymour (Lib-Dem) 01642-710382