Evolution Money Limited

Financial Ombudsman decision DRN-5274951 Upheld

Upheldoutcome, as published by the Ombudsman

£500redress stated in the decision

Thu Mar 06deadline 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

Credit file reporting, Product mis-sold

In the Ombudsman’s words

I have required the lender to compensate Mr and Mrs Z by refunding the interest and fees it charged and by removing the loan from their credit files.Credit file reporting

Mr and Mrs Z complain that Evolution Money Limited mis-sold them a second charge mortgage (secured loan) which wasn’t suitable for their needs.Product mis-sold

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5274951.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.