Loans 2 Go Limited
Financial Ombudsman decision DRN-5420963 Not upheld
Not upheldoutcome, as published by the Ombudsman
£1,000redress stated in the decision
Wed May 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
Irresponsible lending, Credit file reporting
In the Ombudsman’s words
Mr H complains that Loans 2 Go Limited, trading as Loans 2 Go, irresponsibly lent him money on high cost loans that he couldn’t afford to repay.Irresponsible lending
Loans 2 Go should also remove all adverse information regarding this account from Mr H’s credit file.Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5420963.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.