To help prevent the spread of credit card debt, plans have been drafted to ensure that rates will be halted for the most at risk customers according to the government.

The industry has reacted after criticism from all corners relating to their handling of debt. They have confirmed that due consideration and understanding will be given to the most vulnerable clients who struggle with their repayments.

Amongst their proposals they state they will give cardholders 30 days notice before increasing interest on debt, meaning other arrangements could possibly be made.

"There is much good news here," said Malcolm Hurlston, the chairman of Britain's Consumer Credit Counselling Service, calling the move "a significant step and will help ensure bad personal situations are not made worse."