Gain Credit LLC

Financial Ombudsman decision DRN3928729 Upheld

Upheldoutcome, as published by the Ombudsman

£100redress stated in the decision

Thu Apr 02deadline 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, Treatment in financial difficulty

In the Ombudsman’s words

I will first consider whether Lending Stream was irresponsible to approve the loan.Irresponsible lending

Mr M complains about the service he received from Gain Credit LLC (trading as Lending Stream) after he told it he was in financial difficulties.Treatment in financial difficulty

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN3928729.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.