BankConductIndex

Firms › Lowell Portfolio I Limited ›

Lowell Portfolio I Limited

Financial Ombudsman decision DRN-5713331 Not upheld

Not upheldoutcome, as published by the Ombudsman
—no sum stated
Wed Dec 17deadline 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

Unauthorised transaction, Irresponsible lending

In the Ombudsman’s words

The account isn’t his and so this must be fraudUnauthorised transaction
P shouldn’t have lent to him again so it must be unfair lendingIrresponsible lending

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5713331.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.