Amigo Loans Ltd

Financial Ombudsman decision DRN0933751 Not upheld

Not upheldoutcome, as published by the Ombudsman

£1,500redress stated in the decision

Mon Jan 15deadline 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

In the Ombudsman’s words

Mr L complains that three guarantor loans from Amigo Loans Limited (“ALL”) were unaffordable and so ALL was irresponsible to lend to him.Irresponsible lending

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN0933751.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.