HSBC Not Required to Monitor Bounce Back Loan Spending, Ombudsman Dismisses Complaint
Special Reports
Director Banned 7 Years for Fraudulently Securing £50,000 HSBC Bounce Back Loan with Inflated Turnover
A director faces a 7-year ban after exaggerating turnover to fraudulently obtain a £50,000 HSBC Bounce Back Loan, far exceeding his £2,610 entitlement. […]
BBL Complaints Dismissed
Starling Defaults Bounce Back Loan, Ombudsman Dismisses Complaint but Suggests Negotiation
Starling defaulted a Bounce Back Loan, rejecting repayment under original terms. The Ombudsman dismissed the complaint but suggested negotiating with the bank. […]
Special Reports
Barclays Cancels PAYG Option and Closes Account Over Missed Payments; Ombudsman Awards £150
Barclays reverses a customer’s PAYG option and closes his account for missing payments; the Ombudsman offers £150 but won’t reinstate the loan. […]