Lloyds Bank PLC

Financial Ombudsman decision DRN-6335198 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Jun 19deadline 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, Treatment in financial difficulty

In the Ombudsman’s words

I don’t think Lloyds lent irresponsibly to Mr S or otherwise treated him unfairly under the scope of this complaint.Irresponsible lending

Mr S complains that Lloyds Bank Plc (Lloyds) has applied high interest and charges to, and failed to support him, as he’s struggled to repay his personal current account overdraft facility.Treatment in financial difficulty

Rules cited

Consumer Credit Act 1974, FCA CONC (Consumer Credit sourcebook)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-6335198.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.