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Vanquis Bank Limited
Financial Ombudsman decision DRN-1687403 Not upheld
Not upheldoutcome, as published by the Ombudsman
£461redress stated in the decision
Mon Aug 24deadline 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
In the Ombudsman’s words
Mr U complains that Vanquis Bank Limited acted irresponsibly by increasing his limit on his credit card account, when he was showing signs of having financial difficulties.Irresponsible lending
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-1687403.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.