
Lloyds Ordered to Pay £500 for Wrongful CIFAS Marker Blocking Bounce Back Loan, Ombudsman Upholds Complaint

HM Government set up a very shady/seedy little scheme whereby anyone declined a business loan would be asked, by the bank that declined them, would they like their details passed over to one of three “Government approved portals” who may help them get a business loan. […]
Metro Bank closed a customer’s account after he repaid a Bounce Back Loan early. The Ombudsman dismissed the complaint, citing the bank’s right to choose customers. […]
Lloyds defaulted Bounce Back Loans by sending demands to outdated addresses, failing to update records. […]
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