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Cfo Lending Limited

Financial Ombudsman decision DRN1856018 Not upheld

Not upheldoutcome, as published by the Ombudsman
£305redress stated in the decision
Fri Mar 27deadline 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

Charges and fees, Credit file reporting

In the Ombudsman’s words

I do not think it is unreasonable for further interest to be applied to the loan when it remained unpaid.Charges and fees
remove the account from the credit reference agenciesCredit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN1856018.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.