
HSBC Executive Details Bank’s Approach to Bounce Back Loan Defaults, Arrears, and When They Cease Debt Recovery

Here is the boss of a major UK Bank explaining what happens if you do not engage with them regarding repaying a Bounce Back Loan and if they suspect fraud. He explains how they will try and contact you 15 times in 105 days, and if everything else fails, possibly report you to CIFAS and the Police. […]
HSBC’s errors in handling a Bounce Back Loan complaint led to a case handler dispute. The Ombudsman upheld the complaint, awarding £400 compensation for the mishandling. […]
A landlady receives surprising leniency from Lloyds Bank after defaulting on a Bounce Back Loan, offering a rare reprieve in a tough economic climate. […]
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