PDL Finance Limited
Financial Ombudsman decision DRN7779575 Partly upheld
Partly upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Dec 05deadline 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
I am in no doubt that he could not actually afford the instalment loans, and I consider that this would have been clear to Mr Lender had it made even superficial checks on the figures it had been given.Irresponsible lending
remove from Mr W’s credit file any adverse information that it has registered about those loans.Credit file reporting
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN7779575.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.