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Elevate Credit International Limited

Financial Ombudsman decision DRN4811510 Partly upheld

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

Mr R complains that Elevate Credit International Limited, trading as Sunny, lent to him in an irresponsible manner.Irresponsible lending

all entries about loans seven and eight should be removed from Mr R’s credit file once the capital sums he borrowed for those loans have been repaid.Credit file reporting

Rules cited

FCA CONC (Consumer Credit sourcebook)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4811510.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.