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Frasers Group Financial Services Limited

Financial Ombudsman decision DRN-5534339 Not upheld

Not upheldoutcome, as published by the Ombudsman
£425redress stated in the decision
Wed Jun 25deadline 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

In the Ombudsman’s words

Miss H complains about two accounts she’d with Frasers Group Financial Serviced Limited trading as Studio (Studio) that she said were unaffordable for her.Irresponsible lending

Rules cited

Consumer Credit Act 1974

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5534339.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.