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Helping to serve your community, Chris Evans MP Help Shape Britains Progressive Future

8th February 2017 - Islwyn MP backs breathing space for families in problem debt

‘Banks use unfair overdrafts to sell unneeded financial products’ says Islwyn MPIslwyn MP Chris Evans has spoken out during a parliamentary debate against banks who allow customers to have large overdrafts in order to sell other financial products.

Overdrafts are the second most common type of issue that debt charity StepChange deals with, partly as a result of high maximum unplanned overdraft charges. Maximum unarranged overdraft fees are set by banks and can be as high as £100 per month.

Mr Evans said: ‘It is often in a bank’s interest to allow customers to run up large overdraft debts. Banks often sell indebted customers other high interest products including personal loans and other financial products.

‘These products are very often not in the customer’s interest and are not necessary for their needs and individual circumstances.

‘Banks should do more to identify and meet the specific needs of their customers and stop charging over the odds for unplanned overdrafts.

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09.01.18 - Islwyn MP Leads Parliamentary launch of St. Davids Day Run. read more

20.12.17 - Getting Business In Schools. read more

14.12.17 - Islwyn MP backs Guide Dogs' campaign to end pavement parking. read more

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11.12.17 - Islwyn MP warns of Brexit border uncertainty. read more

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24.11.17 - Islwyn MP slams ‘failure’ budget. read more

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20.10.17 - Islwyn MP calls on government to do more to protect Coptic Christians in Egypt. read more

19.10.17 - Islwyn MP backs fight to pause 'shambolic Universal Credit. read more

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17.10.17 - ‘Government must clamp down on British terror fighters’ says Islwyn MP. read more

17.10.17 - Islwyn MP hits out at ‘deeply flawed’ constituency proposals. read more

11.10.17 - 'Protect Shopworkers from violence and threats' says Islwyn MP. read more

11.10.17 - Fears raised Wales could be a dumping ground for radioactive mud. read more

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19.09.17 - Islwyn MP Celebrates Achievements of South Wales Industry. read more

12.09.17 - "Recognise the Vital Role Animals Played in Wartime" says Islwyn MP. read more

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20.07.17 - Rail electrification scheme ‘a shambles’, says Islwyn MP. read more

19.07.17 - MP demands action and slams ‘disgraceful’ standard of forces accommodation. read more

18.07.17 - Islwyn MP hits out at ‘overspending’ railway electrification project. read more

17.07.17 - Islwyn MP calls for extra support for mobile cancer care units read more

11.07.17 - Islwyn MP hits out at government’s ‘failed economic policies’ read more

05.07.17 - Islwyn MP pledges to tackle loneliness . read more

04.07.17 - Islwyn MP honoured by University of Wales Trinity St David’s. read more

27.04.17 - ‘The government must stop pollution deaths scandal,’ says Islwyn MP. read more

06.04.17 - ‘Defence contract shows Islwyn is the place to do business’, says Islwyn MPread more

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