Active Securities Limited

Financial Ombudsman decision DRN8337259 Partly upheld

Partly upheldoutcome, as published by the Ombudsman

£500redress stated in the decision

Sat Aug 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

Ms F complains that Active Securities Limited, trading as 247 Moneybox, was wrong to give her loans because she couldn’t afford to repay them.Irresponsible lending

He said it should also remove any adverse information about these three loans from Ms F’s credit file.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8337259.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.