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Shop Direct Finance Company Limited
Financial Ombudsman decision DRN-5611073 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Jul 14deadline 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
Mrs M complains Shop Direct Finance Company trading as Very (Shop Direct) didn’t properly check whether she could sustain the repayments when they agreed to her opening a running credit account, and subsequent credit limit increases.Irresponsible lending
Rules cited
Consumer Credit Act 1974, FCA CONC (Consumer Credit sourcebook)
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5611073.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.