NewDay Ltd

Financial Ombudsman decision DRN-2826484 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Wed Jun 16deadline 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

Miss H complains that NewDay Ltd trading as Aqua lent irresponsibly when it approved her credit card then quickly increased the credit limit.Irresponsible lending

I’m going to tell Aqua to amend Miss H’s credit file to remove any information it reports to the credit reference agencies on balances over £450.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2826484.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.