MONEYBARN NO.1 LIMITED

Financial Ombudsman decision DRN-2918259 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Aug 13deadline 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

Moneybarn have explained that had they known Mr J didn’t have a valid driving license they would not have agreed to provide finance for the car.Irresponsible lending

They’ve also registered adverse information on Mr J’s credit file as he’s defaulted on the agreement.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2918259.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.