Blemain Finance Limited

Financial Ombudsman decision DRN9708340 Upheld

Upheldoutcome, as published by the Ombudsman

£921redress stated in the decision

—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

I have looked closely at the charges added to the loan by Blemain to see if they are within the terms of the loan and are reasonable.Charges and fees

I do not consider it fair to Mrs H to have additional interest of £1,388.09 added to her account as a lump sum without warning.Interest and rates

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9708340.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.