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Service Insurance Company Limited
Financial Ombudsman decision DRN0367596 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Sun Apr 04deadline 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, Product mis-sold
In the Ombudsman’s words
They say the loan was unaffordable and that Everyday Loans lent to them irresponsibly.Irresponsible lending
Ms T and Mr D were also given a ‘secondary loan’ of around £378 at the same time. This appears to have been Repayment Protection Insurance (RPI) offering life coverProduct mis-sold
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN0367596.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.