Steadypay Limited
Financial Ombudsman decision DRN-6153263 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Apr 27deadline 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, Support for vulnerable customers
In the Ombudsman’s words
Mr C complains that Steadypay Limited (“Steadypay”) gave him a running credit facility which he couldn’t afford to repay.Irresponsible lending
Firstly, I’m sorry to hear about the health problems Mr C experienced which he says partly contributed to taking out the facility with Steadypay.Support for vulnerable customers
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-6153263.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.