Gain Credit LLC

Financial Ombudsman decision DRN9220687 Upheld

Upheldoutcome, as published by the Ombudsman

£388redress stated in the decision

Thu Apr 12deadline 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

Mr S complains that Gain Credit LLC (trading as Lending Stream) gave him loans that he couldn’t afford to repay.Irresponsible lending

He asks that it refunds interest and charges and removes information about the loans from his credit file.Credit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9220687.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.