Loans 2 Go Limited
Financial Ombudsman decision DRN7189675 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Dec 04deadline 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
Before providing Mr S with this loan, Loans 2 Go had a responsibility to consider his ability to undertake the commitment and meet repayments in a sustainable way.Irresponsible lending
Remove any adverse information about this loan from Mr S’ credit file.Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN7189675.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.