Casheuronet UK LLC
Financial Ombudsman decision DRN6877107 Partly upheld
Partly upheldoutcome, as published by the Ombudsman
£351redress stated in the decision
Sat Nov 17deadline 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 CashEuroNet UK LLC trading as QuickQuid, repeatedly lent money to him and increasingly larger amounts of money when it was irresponsible to do so.Irresponsible lending
remove any adverse payment information about the loans and credit account from Mr W’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: DRN6877107.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.