PDL Finance Limited
Financial Ombudsman decision DRN4184751 Upheld
Upheldoutcome, as published by the Ombudsman
£300redress stated in the decision
Mon Sep 07deadline 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, Charges and fees
In the Ombudsman’s words
Mr K has complained that PDL Finance Limited did not carry out proper affordability checks when it lent to him.Irresponsible lending
He also feels it wrongly rolled over his loan multiple times.Charges and fees
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4184751.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.