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Greenlight Credit Ltd
Financial Ombudsman decision DRN-2881080 Not upheld
Not upheldoutcome, as published by the Ombudsman
£60redress stated in the decision
Mon Mar 28deadline 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 W has complained about a logbook loan Greenlight Credit Ltd (trading as “Varooma”) provided to him. He says the loan was unaffordable and was repaid with another one.Irresponsible lending
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2881080.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.