Firms › NewDay Ltd ›
NewDay Ltd
Financial Ombudsman decision DRN-4745666 Upheld
Upheldoutcome, as published by the Ombudsman
£158redress stated in the decision
Wed 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
In the Ombudsman’s words
the communications from NewDay about how long Miss F is expected to repay the lending were confusing and arguably misleadingService failure
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4745666.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.