
HSBC Ordered to Pay £150 for Business Collapse After Bounce Back Loan Denial, Ombudsman Upholds Complaint

Lloyds fairly declined a Bounce Back Loan but caused distress during the process. The Ombudsman upheld the complaint, awarding £100 compensation for inconvenience. […]
Neal Jivan, director of Neal Autos Limited, faces a 10-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and a top-up. The disqualification reflects misuse of government-backed financial support. […]
Can’t repay your BBL? We provide the latest on how each lender handles defaults, from leniency to aggressive tactics. […]
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