Lending Stream Limited

Financial Ombudsman decision DRN5615764 Upheld

Upheldoutcome, as published by the Ombudsman

£150redress stated in the decision

Mon Aug 22deadline 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

Mr W complains that Lending Stream Llc hasn’t treated him fairly because it didn’t properly check whether he could afford loans he took out with it.Irresponsible lending

Lending Stream should remove any negative information about these five loans from Mr W’s credit record.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN5615764.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.