Lendable Ltd

Financial Ombudsman decision DRN-5726894 Upheld

Upheldoutcome, as published by the Ombudsman

£11,500redress stated in the decision

Mon Sep 15deadline 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 M complains that Lendable Ltd (“Lendable”) lent to him in an irresponsible manner.Irresponsible lending

Remove any adverse information about this loan from Mr M’s credit file once it has been settled.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5726894.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.