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FCE Bank Plc

Financial Ombudsman decision DRN-2808254 Upheld

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

Interest and rates, Credit file reporting

In the Ombudsman’s words

add interest on the deposit amount, at an annual rate of 8% simple from the date the deposit was paid, to the date of settlementInterest and rates

remove any adverse information recorded about the agreement from Mr M’s records with credit reference agenciesCredit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2808254.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.