Gain Credit LLC

Financial Ombudsman decision DRN-2648304 Not upheld

Not upheldoutcome, as published by the Ombudsman

£501redress stated in the decision

Tue Apr 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, Treatment in financial difficulty

In the Ombudsman’s words

Miss C complains that Gain Credit LLC, trading as Lending Stream, lent to her irresponsibly.Irresponsible lending

Miss C also says that her offer to repay Loan 4 made to Lending Stream in November 2019 was reasonable and it was wrong not to accept it.Treatment in financial difficulty

Rules cited

FCA CONC (Consumer Credit sourcebook)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2648304.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.