Gain Credit LLC

Financial Ombudsman decision DRN-2173554 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Sun Oct 11deadline 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, Credit file reporting

In the Ombudsman’s words

Mr M complains that Gain Credit LLC (trading as ‘Lending Stream’) acted irresponsibly when lending to him.Irresponsible lending

Remove all adverse entries from Mr M’s credit file for loans 4, 5 and 11.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2173554.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.