Swift Advances Plc
Financial Ombudsman decision DRN8398291 Partly upheld
Partly upheldoutcome, as published by the Ombudsman
£200redress stated in the decision
Mon Jul 20deadline 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
Charges and fees, Interest and rates
In the Ombudsman’s words
charges and interest that have been added to itCharges and fees
reduce the interest rate being applied to the loan account to 7.2% per annumInterest and rates
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8398291.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.