Instant Cash Loans Limited

Financial Ombudsman decision DRN9839533 Not upheld

Not upheldoutcome, as published by the Ombudsman

£300redress stated in the decision

Mon Oct 31deadline 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, Complaint handling

In the Ombudsman’s words

Miss W complains that Instant Cash Loans Limited trading as The Money Shop (“The Money Shop”) gave her loans which were unaffordable.Irresponsible lending

I however note it has completely failed to deal with her complaint or this service.Complaint handling

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9839533.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.