Madison CF UK Limited

Financial Ombudsman decision DRN3611620 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Mar 08deadline 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

she’s said that the loan was irresponsibly given to her as her credit file would’ve shown that she already had a significant amount of existing debt.Irresponsible lending

remove any adverse information recorded on Miss K’s credit file as a result of this loan.Credit 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: DRN3611620.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.