Wage Day Advance Limited

Financial Ombudsman decision DRN5071405 Upheld

Upheldoutcome, as published by the Ombudsman

£100redress stated in the decision

Thu Oct 01deadline 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

Mrs C complains that Wage Day Advance Limited didn’t carry out proper checks before lending money to her, that its payday loans were unaffordable and its lending irresponsible.Irresponsible lending

In addition as loans 4, 5, 7 to 10 shouldn’t have been granted it’s also reasonable for Wage Day to remove all reference to them on Mrs C’s credit file.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN5071405.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.