MONEYBARN NO.1 LIMITED

Financial Ombudsman decision DRN0494722 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Sat 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

Irresponsible lending, Treatment in financial difficulty

In the Ombudsman’s words

Mr H complains that Moneybarn No. 1 Limited provided him with a conditional sale agreement that was unaffordable.Irresponsible lending

Mr H also suggested that he had asked Moneybarn for help with his repayments telling it that he was having financial difficulties, but it declined to help him.Treatment in financial difficulty

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN0494722.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.