Bamboo Limited

Financial Ombudsman decision DRN-2425545 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Thu May 27deadline 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

Mr W complains Bamboo Limited trading as Bamboo Loans shouldn’t have approved him as a guarantor for a loan taken out by a third party (‘the borrower’). Mr W says Bamboo Loans didn’t do enough to ensure the borrower was in a position to repay the loanIrresponsible lending

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2425545.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.