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New Wave Capital Limited
Financial Ombudsman decision DRN-5125969 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Jul 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
In the Ombudsman’s words
Mr P complains that New Wave Capital Limited, trading as Capital on Tap (Capital on Tap) shouldn’t have accepted his personal guarantee (the Guarantee) for a business debt.Irresponsible lending
Rules cited
CRM Code (APP scam reimbursement)
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5125969.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.