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FirstRand Bank Limited
Financial Ombudsman decision DRN-4997779 Not upheld
Not upheldoutcome, as published by the Ombudsman
£1,000redress stated in the decision
Fri Oct 04deadline 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
Ms C complains that FirstRand Bank Limited (trading as “Motonovo Finance”) unfairly entered into an unaffordable hire-purchase agreement with her.Irresponsible lending
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4997779.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.