BankConductIndex

Firms › TFS Loans Limited ›

TFS Loans Limited

Financial Ombudsman decision DRN-2115604 Upheld

Upheldoutcome, as published by the Ombudsman
—no sum stated
Thu Feb 25deadline 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

In the Ombudsman’s words

TFS’ failure to properly look into Mrs S’ circumstances meant that unfairly accepted her as the guarantor for this loan.Irresponsible lending

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2115604.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.