Chetwood Financial Limited

Financial Ombudsman decision DRN-3257686 Upheld

Upheldoutcome, as published by the Ombudsman

£150redress stated in the decision

Mon Feb 14deadline 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 N complains Chetwood Financial Limited trading as LiveLend (LiveLend) acted irresponsibly when it provided a loan facility to him.Irresponsible lending

Mr N also says, further and more detailed checks would have shown him using payday loans and full usage of an overdraft facility with his bank, leading up to the loan application with LiveLend.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3257686.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.