Western Circle Limited

Financial Ombudsman decision DRN-1581292 Upheld

Upheldoutcome, as published by the Ombudsman

£100redress stated in the decision

Wed Aug 26deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

Irresponsible lending, Treatment in financial difficulty

In the Ombudsman’s words

Mr S says Western Circle Ltd, trading as Cashfloat (“Cashfloat”), irresponsibly lent to him.Irresponsible lending

The adjudicator didn’t think Cashfloat had acted with the appropriate forbearance and due consideration bearing in mind Mr S’s circumstances he had made it aware of.Treatment in financial difficulty

Rules cited

FCA CONC (Consumer Credit sourcebook)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-1581292.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.