Gain Credit LLC

Financial Ombudsman decision DRN9445741 Upheld

Upheldoutcome, as published by the Ombudsman

£277redress stated in the decision

Sun Jul 01deadline 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 proper affordability checks and irresponsibly granted her unaffordable short term loansIrresponsible lending

amend her credit fileCredit file reporting

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9445741.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.