
Santander Ordered to Pay Compensation for Demanding Bounce Back Loan Repayment, Ombudsman Upholds Complaint

An Enfield director’s nine-year ban stems from exaggerating turnover nearly tenfold to secure a £50,000 Santander Bounce Back Loan, with no recovery possible. […]
Mihaela Pirlog, director of Ecore Construction Management Ltd, faces a 10-year ban for securing two Bounce Back Loans worth £100,000 from Santander and Barclays, neither of which were repaid. The disqualification highlights multiple loan scheme violations. […]
Santander’s CBILS refusal delayed a customer’s Bounce Back Loan, secured elsewhere. The Ombudsman upheld the complaint, ordering £350 compensation for the delay. […]
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