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Tesco Personal Finance Limited

Financial Ombudsman decision DRN-4216700 Not upheld

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, Credit file reporting

In the Ombudsman’s words

Mr M complains that Tesco Personal Finance PLC (‘Tesco Finance’) failed to remind him that he’d missed a loan payment. Mr M says that his loan account remained in arrears longer that it should haveTreatment in financial difficulty

Mr M complains that Tesco Personal Finance PLC (‘Tesco Finance’) failed to remind him that he’d missed a loan payment. Mr M says that his loan account remained in arrears longer that it should have, and this had a negative impact on his credit score.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4216700.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.