Barclays Ordered to Pay £200 for Bounce Back Loan Processing Delay, Ombudsman Upholds Complaint
BBL Complaints Upheld
NatWest Ordered to Pay £300 for Bounce Back Loan Snatch-Back Errors, Ombudsman Upholds Complaint
NatWest seized a £25k Bounce Back Loan, approved a £45k reapplication, then seized it again. The Ombudsman upheld the complaint, awarding £300 for the mishandling. […]
BBL Complaints Upheld
Starling Bank’s Harsh Bounce Back Loan Default Over One-Day-Late Payment Reversed by Ombudsman
Starling Bank defaults a customer’s Bounce Back Loan for a one-day-late payment, but the Ombudsman orders reinstatement and compensation for the overreach. […]
BBL Blaggers
Ayaz Shaukat, Director of Bae-By Ltd, Begins 8-Year Ban for Claiming £220,000 Turnover to Secure £50,000 Barclays Bounce Back Loan for Non-Trading Company
Directors who used Bounce Back Loans for personal property deals face disqualification proceedings. […]