Santander Seizes Bounce Back Loan for Unverified Turnover, Ombudsman Dismisses Complaint
BBL Blaggers
Craig Richard Rowell, Director of Akat Logistics Ltd, Banned for 11 Years for Overstating Turnover and Using Santander Bounce Back Loan for Property Purchase
Craig Richard Rowell’s 11-year ban stems from inflating turnover to secure a Santander Bounce Back Loan, used to help buy property with a third party. […]
BBL Complaints Upheld
Santander Ordered to Pay £350 for CBILS Refusal Impacting Bounce Back Loan, Ombudsman Upholds Complaint
Santander’s CBILS refusal delayed a customer’s Bounce Back Loan, secured elsewhere. The Ombudsman upheld the complaint, ordering £350 compensation for the delay. […]
BBL Complaints Dismissed
HSBC Notifies of Bounce Back Loan Exemptions, Ombudsman Dismisses Complaint Despite FCA Concerns
SBC informed a customer that Bounce Back Loans lack Consumer Credit Act protections. The Ombudsman dismissed the complaint, despite FCA concerns about bank compliance. […]