HSBC Demands Bounce Back Loan Repayment, Ombudsman Dismisses Complaint After Reversing Ruling
BBL Complaints Dismissed
Lloyds Recalls Bounce Back Loan for Unverified Turnover, Ombudsman Dismisses Complaint
Lloyds recalled a Bounce Back Loan for unverified turnover after onboarding from Halifax. The Ombudsman dismissed the complaint, siding with the bank. […]
Special Reports
Public Accounts Committee Slams Lax Bounce Back Loan Fraud Action, Accuses Banks of Guarantee Abuse
The Public Accounts Committee blasts weak Bounce Back Loan fraud enforcement, suggesting banks are recklessly claiming guarantees with little oversight. […]
BBL Complaints Dismissed
HSBC Notifies of Bounce Back Loan Exemptions, Ombudsman Dismisses Complaint Despite FCA Concerns
SBC informed a customer that Bounce Back Loans lack Consumer Credit Act protections. The Ombudsman dismissed the complaint, despite FCA concerns about bank compliance. […]