Wage Day Advance Limited

Financial Ombudsman decision DRN4738920 Upheld

Upheldoutcome, as published by the Ombudsman

£697redress stated in the decision

Mon Feb 15deadline 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

the payday loans he took out weren’t affordable and shouldn’t have been grantedIrresponsible lending

Wage Day should also remove all reference to all loans from that date from Mr B’s credit fileCredit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4738920.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.