Advantage Finance Limited

Financial Ombudsman decision DRN-5936400 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Mon Dec 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

In the Ombudsman’s words

I don’t find that the lending relationship between Mr V and Advantage Finance was unfair to Mr V. I’ve not been persuaded that Advantage Finance created unfairness in its relationship with Mr V by irresponsibly lending to him when it entered into this hire-purchase agreement with him.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-5936400.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.