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註釋This report looks at the proposal from the European Commission to replace the existing Directive on consumer credit and replace it with on that aims to offer a higher level of consumer protection and promote an internal market in cross-border credit. It concentrates on three questions: will the proposed harmonisation achieve its objective; will it provide a high level of consumer; will it reduce the amount of protection offered by current UK legislation. It identifies a number of concerns, which it hopes will be addressed by further changes to the text of the draft Directive. And recommends that the issue should be debated I the House