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CURO TRANSATLANTIC LIMITED

Financial Ombudsman decision DRN1651464 Upheld

Upheldoutcome, as published by the Ombudsman
£700redress stated in the decision
Sun Sep 16deadline 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 J has complained that Curo Transatlantic Limited (trading as Wage Day Advance (“Wage Day”)) unfairly gave him a number of short-term loans. He’s says the loans were clearly unaffordableIrresponsible lending

Rules cited

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

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN1651464.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.