MEM Consumer Finance Limited

Financial Ombudsman decision DRN2988133 Partly upheld

Partly upheldoutcome, as published by the Ombudsman

—no sum stated

Thu Aug 04deadline 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

I find it was irresponsible to provide the last loan in the circumstances.Irresponsible lending

Any information recorded about Miss W’s final loan should also be removed from her credit file.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN2988133.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.