UK Credit Limited
Financial Ombudsman decision DRN-2973546 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Tue Mar 22deadline 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
Mrs N complained that UK Credit Limited lent to her irresponsibly when it ought to have known that she couldn’t reasonably afford the loan and she would need to borrow further to repay it.Irresponsible lending
So UK Credit should remove any negative information recorded on Mrs N’s credit file regarding the loan.Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2973546.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.