Barclays Justified in Marking Bounce Back Loan Applicant as Fraudulent, Closing Accounts, Says Ombudsman
BBL Complaints Dismissed
Santander’s Bounce Back Loan Review Process Challenged, Ombudsman Dismisses Complaint
A customer challenged Santander’s rigorous Bounce Back Loan review process involving account scrutiny. The Ombudsman dismissed the complaint, upholding Santander’s procedures. […]
BBL Blaggers
Joe March, Director of J M Roofing (Sussex) Ltd, Banned for 9 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Joe March, director of J M Roofing (Sussex) Ltd, faces a nine-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification highlights misuse of pandemic relief funds. […]
BBL Complaints Upheld
HSBC Ordered to Compensate Customer for Misapplying Bounce Back Loan Rules on Erroneous Insurance Payment, Ombudsman Upholds Complaint
HSBC incorrectly demanded a customer return an erroneous insurance payment to their Bounce Back Loan account, misinterpreting scheme rules. The Ombudsman upheld the complaint, ordering compensation for the bank’s error. […]