Blemain Finance Limited

Financial Ombudsman decision DRN8820598 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

—deadline 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

Mr T complains about the charges that Blemain Finance Limited (‘Blemain’) have applied to both his secured loan accounts during a period of financial difficulties.Charges and fees

Mr T felt that the number of charges – and the level of interest – applied to the loans by Blemain were excessive.Interest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8820598.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.