Black Horse Limited
Financial Ombudsman decision DRN1877187 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Oct 19deadline 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, Interest and rates
In the Ombudsman’s words
They also complain the outstanding balance on the loan is too high.Charges and fees
Miss N and Mr P complain that Black Horse Limited has charged a high fixed rate of interest on their joint loan when it should only be charging a lower variable rate.Interest and rates
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN1877187.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.