Casheuronet UK LLC
Financial Ombudsman decision DRN6074460 Upheld
Upheldoutcome, as published by the Ombudsman
£600redress stated in the decision
Thu Jul 11deadline 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 L, represented by a claims management company (CMC), complains that CashEuroNet UK LLC (trading as QuickQuid) didn’t carry out sufficient affordability checks before lending to him.Irresponsible lending
So all entries about loans five to seven and loans ten and eleven should be removed from Mr L’s credit file.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: DRN6074460.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.