Cfo Lending Limited
Financial Ombudsman decision DRN4337637 Upheld
Upheldoutcome, as published by the Ombudsman
£200redress stated in the decision
Thu Feb 19deadline 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
I think that Cfo Lending did not lend responsibly to Mr R and it should not have agreed the loan or subsequent top up loan.Irresponsible lending
Mr R has also questioned the default that has been applied to his credit file with the credit reference agencies.Credit file reporting
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4337637.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.