Ombudsman Boosts Barclays’ Compensation to Customer Fivefold After Abusive Call and Botched Bounce Back Loan Direct Debit
BBL Complaints Dismissed
Lloyds Holds Customer Liable for £50k Bounce Back Loan Spent on Bitcoin, Ombudsman Dismisses Complaint
A Lloyds customer denied applying for a £50k Bounce Back Loan spent on Bitcoin. The Ombudsman dismissed the complaint, finding his claim uncredible based on evidence. […]
Special Reports
BEIS’s Sarah Admits Misleading PAC, Confirms Lenders Can Swiftly Claim BBL Guarantees for Non-Repaying Borrowers
BEIS’s Sarah confesses to misleading the PAC, revealing lenders can quickly write off BBLs via guarantees. We unpack her bombshell. […]
BBL Blaggers
Yaqoob Hussain, Director of I&S Furniture Ltd, Banned for 9 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Yaqoob Hussain, director of I&S Furniture Ltd, faces a nine-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification underscores misuse of pandemic relief funds. […]