
HSBC Demands Bounce Back Loan Repayment Post-CBILS, Ombudsman Dismisses Complaint

NatWest wrongly defaulted a Bounce Back Loan, impacting credit files. The Ombudsman upheld the complaint, ordering reinstatement, removal of markers, and £350 compensation. […]
A Colchester director who claimed he transferred an HSBC Bounce Back Loan to benefit another company, via his personal account, faces a lenient 5-year ban. Dive into the questionable actions behind this case. […]
Ruxanda Guja, a Romanian director of Roxy Contracts Limited, faces a 13-year ban, starting Christmas Eve, and must pay £107,038 plus £7,592 in costs for fraudulently obtaining three Bounce Back Loans totalling £145,000 from Barclays, Lloyds, and HSBC. […]
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