HSBC Ordered to Pay £500 for Bounce Back Loan Non-Delivery, Ombudsman Upholds Complaint
BBL Complaints Upheld
Lloyds Ordered to Pay £500 for Wrongful CIFAS Marker Blocking Bounce Back Loan, Ombudsman Upholds Complaint
Lloyds’ erroneous CIFAS marker caused repeated Bounce Back Loan denials. The Ombudsman upheld the complaint, ordering £500 compensation for the bank’s error. […]
BBL Complaints Upheld
HSBC Ordered to Pay £200 for Issuing Bounce Back Loan in Sole Trader Name, Ombudsman Upholds Complaint
HSBC issued a Bounce Back Loan in a sole trader’s name instead of his Ltd company, citing pandemic workload. The Ombudsman upheld the complaint, awarding £200 compensation. […]
BBL Blaggers
10-Year Ban for Director’s Dual Bounce Back Loan Scam
A director who secured two Bounce Back Loans—one from Funding Circle, one from HSBC—for a single company faces a 10-year ban. Discover how this fraudulent double-dip left both Bounce Back Loans unpaid. […]