Loans 2 Go Limited
Financial Ombudsman decision DRN-3192568 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Thu Mar 31deadline 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 M complained that Loans 2 Go Limited didn’t do affordability checks and so lent to him irresponsibly and provided loans that were unaffordable.Irresponsible lending
So Loans 2 Go should remove any negative information recorded on Mr M’s credit file regarding loans 4-7.Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3192568.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.