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White Label Lending Limited
Financial Ombudsman decision DRN7587634 Not upheld
Not upheldoutcome, as published by the Ombudsman
£5,228redress 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
In the Ombudsman’s words
I did not consider that White Label had properly assessed how the loan would be affordable so far into Mr and Mrs C’s retirement.Irresponsible lending
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN7587634.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.