Mitsubishi HC Capital UK Plc

Financial Ombudsman decision DRN-4544309 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Wed Feb 07deadline 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

In the Ombudsman’s words

I’ve seen copies of some of Mr B’s bank statements together with a copy of his credit report. Having considered these, I’m not persuaded there’s any evidence to demonstrate that Mr B’s financial position was such that it would reasonably lead Hitachi to believe the loan wasn’t sustainably affordable for him.Irresponsible lending

Rules cited

Consumer Credit Act 1974, FCA DISP (Dispute Resolution)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4544309.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.