MEM Consumer Finance Limited

Financial Ombudsman decision DRN8586741 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Mon Aug 22deadline 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

Credit file reporting, Product mis-sold

In the Ombudsman’s words

remove those loans from his credit fileCredit file reporting

Mr R complains that MEM Consumer Finance Limited (trading as Payday UK) mis-sold him 17 payday loans he could not afford.Product mis-sold

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8586741.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.