Global Kapital Group Ltd

Financial Ombudsman decision DRN9490434 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Oct 11deadline 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 R says Global Kapital Group Ltd (trading as MyKredit) lent to him irresponsibly.Irresponsible lending

It should also remove any adverse information it has recorded about the first six loans from Mr R’s credit history.Credit file reporting

Rules cited

FCA CONC (Consumer Credit sourcebook)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9490434.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.