Microcredit Limited
Financial Ombudsman decision DRN7318176 Not upheld
Not upheldoutcome, as published by the Ombudsman
£50redress stated in the decision
—deadline 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
Treatment in financial difficulty, Charges and fees, Credit file reporting
In the Ombudsman’s words
Mr C complains that Microcredit Limited did not help him when he told it he could not repay his short-term loan on time.Treatment in financial difficulty
He is unhappy with the interest and charges added to the loanCharges and fees
and with the information recorded on his credit file.Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN7318176.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.