Blue Motor Finance Limited

Financial Ombudsman decision DRN-2422561 Upheld

Upheldoutcome, as published by the Ombudsman

£3,600redress stated in the decision

Wed Feb 10deadline 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 R complains that Blue Motor Finance Ltd irresponsibly granted him a hire purchase agreement that he couldn’t afford.Irresponsible lending

it isn’t fair and reasonable for Blue Motor to record any adverse information in relation to it on his credit file.Credit file reporting

Rules cited

FCA CONC (Consumer Credit sourcebook)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2422561.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.