Steadypay Limited
Financial Ombudsman decision DRN-3723366 Not upheld
Not upheldoutcome, as published by the Ombudsman
£72redress stated in the decision
Mon Jul 03deadline 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 F complains that Steadypay Limited (Steadypay) were irresponsible in approving a running-account credit agreement that he couldn’t afford.Irresponsible lending
He is also unhappy about the adverse information Steadypay reported to his credit file.Credit file reporting
Rules cited
FCA CONC (Consumer Credit sourcebook)
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3723366.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.