Lending Stream Limited

Financial Ombudsman decision DRN4966909 Upheld

Upheldoutcome, as published by the Ombudsman

£650redress stated in the decision

Fri Nov 10deadline 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, Complaint handling

In the Ombudsman’s words

Ms N has complained about loans she took out with Lending Stream Limited. Ms N says the loans were unaffordableIrresponsible lending

Lending Stream should pay Ms N £650, in light of the trouble and upset caused. It should also monitor the situation with the CCJ and inform Ms N as soon as it has been set aside.Complaint handling

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4966909.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.