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Clydesdale Financial Services Limited
Financial Ombudsman decision DRN-3428738 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Aug 01deadline 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
In the Ombudsman’s words
didn’t conduct a proper assessment of Mr L’s financial position and ability to repay the loan; applied considerable pressure to procure his agreement to the loan; breached its contract with Mr L; was paid a commission by Barclays Partner Finance which wasn’t disclosed to Mr L; and breached EU Law. Its letter also described misrepresentations that it said had been made by the holiday company.Product mis-sold
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3428738.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.