
HSBC Ordered to Pay Compensation for Bounce Back Loan Turnover Error, Ombudsman Upholds Complaint

Lloyds denied a Bounce Back Loan due to a customer’s date of birth error in the application. The Ombudsman dismissed the complaint, citing the error’s impact. […]
John Dawkins, director of Dawkins Haulage, faces a lenient 6-year ban for not offsetting two £50,000 HSBC Bounce Back Loans against £500,000 CBILS Bounce Back Loans, leaving all unpaid. Explore this costly error. […]
A director who secured a £45,000 HSBC Bounce Back Loan for a newly incorporated, ineligible company and misused the funds faces an 11-year ban. Uncover how HSBC missed this glaring oversight. […]
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