Advantage Finance Limited

Financial Ombudsman decision DRN-4995054 Not upheld

Not upheldoutcome, as published by the Ombudsman

£1,000redress stated in the decision

Mon Oct 21deadline 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

Charges and fees, Interest and rates

In the Ombudsman’s words

Mr K complains that Advantage Finance Limited didn’t tell him about a loan acceptance fee until after he’d accepted the loanCharges and fees

and that it didn’t tell him how much interest he’d saved when he made overpayments.Interest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4995054.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.