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MEM Consumer Finance Limited

Financial Ombudsman decision DRN0409537 Not upheld

Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Dec 12deadline 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

Credit file reporting

In the Ombudsman’s words

didn’t warn him about the impact taking payday loans would have on his credit file when lending to himCredit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN0409537.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.