Gain Credit LLC

Financial Ombudsman decision DRN7119786 Upheld

Upheldoutcome, as published by the Ombudsman

£300redress stated in the decision

Sat May 25deadline 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

Identity checks and access, Service failure

In the Ombudsman’s words

someone fraudulently took out a loan in her nameIdentity checks and access

Gain Credit LLC could have done more to protect Mrs B from the fraudService failure

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN7119786.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.