HSBC Delays Account Opening for Bounce Back Loan, Ombudsman Dismisses Complaint with £200
Special Reports
Barclays Cancels BBL After Review, Seizes Account Funds for Repayment, and Ombudsman Upholds Their Actions
Barclays terminated a BBL, grabbed account funds to repay it, and the Ombudsman says it’s allowed. We break down this tough ruling. […]
BBL Blaggers
11-Year Ban for Director’s £40k Ineligible Bounce Back Loan Scam
A director who secured a £40,000 HSBC Bounce Back Loan for an ineligible business and misused the funds now faces an 11-year ban. Uncover the details of this bold financial deception. […]
BBL Complaints Upheld
Ombudsman Kicks HSBC’s Backside and Despite Their Protests Orders Them to Pay a Customer £300 Compensation For Mental Torture and Stop Holding Her Personally Liable for Yet Another BBL They Put In a Personal Name and Not the Name of a Ltd Company
SBC wrongly issued a Bounce Back Loan in a director’s personal name instead of her Ltd company, causing distress. The Ombudsman upheld the complaint, ordering £300 compensation and liability relief. […]