Loans 2 Go Limited
Financial Ombudsman decision DRN-3053837 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Thu Nov 18deadline 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
did not sufficiently check his finances or personal situation to make sure he’d be in a position to pay back loans at outrageous interest ratesIrresponsible lending
removing any adverse information recorded on Mr B’s credit file as a result of loans 2, 3 and 4Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3053837.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.