Lending Stream Limited

Financial Ombudsman decision DRN-3191125 Partly upheld

Partly upheldoutcome, as published by the Ombudsman

—no sum stated

Mon Jan 17deadline 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

irresponsibly gave her loans that she couldn’t affordIrresponsible lending

remove all interest, fees and charges from the balance on any upheld outstanding loans... E) The overall pattern of Ms J’s borrowing by loan 6 means any information recorded about loan 6 onwards is adverse, so ultimately these loans should be removed entirely from Ms J’s credit file.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3191125.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.