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Vanquis Bank Limited
Financial Ombudsman decision DRN-2631283 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Thu Jun 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
In the Ombudsman’s words
Mr D complains that Vanquis Bank Ltd acted irresponsibly by raising the limit on his credit card twice during a period when his debts were increasing.Irresponsible lending
Rules cited
FCA CONC (Consumer Credit sourcebook)
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2631283.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.