Carcashpoint Limited

Financial Ombudsman decision DRN5206202 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Fri May 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, Treatment in financial difficulty

In the Ombudsman’s words

I consider Carcashpoint did not act appropriately in assessing whether Miss A could afford the borrowing.Irresponsible lending

Miss A had been struggling financially and could not afford the loan.Treatment in financial difficulty

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN5206202.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.