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Shawbrook Bank Limited

Financial Ombudsman decision DRN3469812 Upheld

Upheldoutcome, as published by the Ombudsman
—no sum stated
Fri Aug 25deadline 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

Service failure

In the Ombudsman’s words

Shawbrook Bank Limited sent the loan funds to the retailer and started taking monthly repayments before the goods and services had been supplied.Service failure

Rules cited

Consumer Credit Act 1974

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN3469812.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.