NewDay Ltd

Financial Ombudsman decision DRN-3344722 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Jul 15deadline 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 B is unhappy that NewDay Ltd approved him for new and further credit, all of which he feels were unaffordable for him at those times.Irresponsible lending

Finally, NewDay must arrange for the removal of all adverse credit reporting relating to this account following the credit limit increase to £850 in November 2015.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3344722.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.