Instant Cash Loans Limited

Financial Ombudsman decision DRN8770941 Upheld

Upheldoutcome, as published by the Ombudsman

—no sum stated

Mon Aug 08deadline 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

didn’t carry out a proper assessment to make sure he could afford the loans it gave himIrresponsible lending

Remove the entries on Mr S’s credit file for his second and third loansCredit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8770941.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.