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PROPEL HOLDINGS (UK) LIMITED

Financial Ombudsman decision DRN-5822333 Not upheld

Not upheldoutcome, as published by the Ombudsman
£1,947redress stated in the decision
Mon Mar 02deadline 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

Mr C complains that PROPEL HOLDINGS (UK) LIMITED trading as Quidmarket lent to him irresponsibly as it approved three loans for him he could not repay.Irresponsible lending

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5822333.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.