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MONEYBARN NO.1 LIMITED
Financial Ombudsman decision DRN-3485015 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Wed Sep 04deadline 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
Treatment in financial difficulty, Interest and rates
In the Ombudsman’s words
he was in significant arrears on his accountTreatment in financial difficulty
statutory rebate of interest when the term of a contract is reducedInterest and rates
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3485015.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.