Lloyds Bank PLC

Financial Ombudsman decision DRN-3246843 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Mar 11deadline 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, Support for vulnerable customers

In the Ombudsman’s words

Mrs W says that Lloyds acted irresponsibly by approving a £10,000 overdraft limit in the first placeIrresponsible lending

Mrs W has referred to the late Mr W’s vulnerabilities making the continuation of the facility inappropriate.Support for vulnerable customers

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3246843.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.