Logbook Money Limited

Financial Ombudsman decision DRN-3047136 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Mon Nov 08deadline 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 complains that Logbook Money Limited irresponsibly gave him a fixed sum loan agreement secured by a bill of sale on his car.Irresponsible lending

Remove any adverse information recorded on Mr B’s credit file in relation to the agreement.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3047136.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.