Huge boost in complaints over credit rating

Huge boost in complaints over credit rating

Brand brand New report through the Financial Ombudsman provider reveal an 89% upsurge in the true wide range of complaints about credit rating.

This included a 130per cent increase in complaints about pay day loans and a 360% escalation in complaints about instalment loans.

As a whole, 50% of complaints about credit solutions had been upheld in 2018/2019, a small increase on the 47% upheld in 2017/2018.

The report also highlights a 20-point upsurge in the amount of upheld complaints about present reports and packed bank records.

Exactly what are clients complaining about?

While PPI-related complaints remain at high amounts with 46per cent of all of the complaints that are new the entire year 2018/2019 having a PPI connection, there has been some significant increases in credit rating complaints. Pokračovat ve čtení „Huge boost in complaints over credit rating“