Greenlight Credit Ltd

Financial Ombudsman decision DRN2328459 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Wed Mar 11deadline 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 has complained that Greenlight Credit Ltd trading as Varooma (“Varooma” or “the lender”) was irresponsible to have agreed a loan for him on 23 February 2018.Irresponsible lending

Rules cited

FCA CONC (Consumer Credit sourcebook), Consumer Credit Act 1974, Financial Services and Markets Act 2000

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN2328459.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.