Everyday Lending Limited

Financial Ombudsman decision DRN-2278731 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Tue Dec 29deadline 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, Interest and rates

In the Ombudsman’s words

Mrs P complains that Everyday Lending Limited (“ELL”) lent to her in an irresponsible manner.Irresponsible lending

She also complains that an unfair amount of interest has been added to her loan and as a result her loan balance isn’t reducing as it should.Interest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2278731.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.