Lloyds Bank PLC

Financial Ombudsman decision DRN-2839390 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Wed Jul 21deadline 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

Mr S complains that Lloyds Bank PLC irresponsibly allowed him to take out a loan which was unaffordable.Irresponsible lending

I thought on balance that it was those factors that meant Mr S was unable to repay the loan rather than the unaffordability of the loan at the outset.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2839390.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.