Gain Credit LLC

Financial Ombudsman decision DRN-4038952 Partly upheld

Partly upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Jul 02deadline 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 S complains through a representative that Gain Credit LLC (trading as Drafty) gave him a line of credit he couldn’t afford to repay.Irresponsible lending

Drafty also agreed to remove any adverse information recorded on Mr S’s credit file from 2 July 2021.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4038952.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.