Hyundai Capital UK Limited

Financial Ombudsman decision DRN7016883 Not upheld

Not upheldoutcome, as published by the Ombudsman

£161redress stated in the decision

Thu Jan 03deadline 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

Interest and rates

In the Ombudsman’s words

Mr B complains that Hyundai Capital UK Limited, trading as Kia Finance, added 58 days interest to a settlement figure on a credit agreement.Interest and rates

Rules cited

Consumer Credit Act 1974

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN7016883.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.