Inventive Finance Limited

Financial Ombudsman decision DRN3048258 Upheld

Upheldoutcome, as published by the Ombudsman

£1,400redress stated in the decision

Tue Jan 03deadline 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 O complains that Inventive Finance Limited, trading as Ladder Loans, gave him loans he couldn’t afford to repay.Irresponsible lending

He asks that the balance is written off and the loans removed from his credit file.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN3048258.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.