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Santander UK Plc

Financial Ombudsman decision DRN3628184 Not upheld

Not upheldoutcome, as published by the Ombudsman
—no sum stated
—deadline 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

Treatment in financial difficulty, Interest and rates

In the Ombudsman’s words

Mr J told Cahoot he was experiencing difficulties with his finances in 2010 and made only a few repayments that year.Treatment in financial difficulty
The rate had gone up from 7.72% when he opened the account to 20% by mid-2008.Interest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN3628184.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.