Casheuronet UK LLC
Financial Ombudsman decision DRN2831740 Upheld
Upheldoutcome, as published by the Ombudsman
£650redress stated in the decision
Sat Oct 06deadline 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, Credit file reporting
In the Ombudsman’s words
Mr S says the loans were unaffordable and borrowing simultaneously meant he entered into a debt spiral.Irresponsible lending
Remove any negative information about the loans from Mr S’s credit file on loans 2 to 7 inclusiveCredit file reporting
Rules cited
FCA CONC (Consumer Credit sourcebook)
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN2831740.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.