Lending Stream Limited

Financial Ombudsman decision DRN-2959813 Partly upheld

Partly upheldoutcome, as published by the Ombudsman

—no sum stated

Thu Sep 02deadline 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 B said Gain Credit LLC (trading as ‘Lending Stream’) irresponsibly gave him loans that he couldn’t afford.Irresponsible lending

Lending Stream should remove these loans entirely from Mr B’s credit file once they are paid – and meanwhile remove any adverse information showing on his credit record in relation to these loans.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2959813.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.