
HSBC’s Bounce Back Loan Default and CIFAS Marker Overturned by Ombudsman, Compensation Awarded

ThA director who inflated turnover to secure a £50,000 HSBC Bounce Back Loan, when entitled to less than £10,000, now faces a 10-year ban. Dive into the details of this costly financial deception. […]
A director who secured a £45,000 HSBC Bounce Back Loan for a newly incorporated, ineligible company and misused the funds faces an 11-year ban. Uncover how HSBC missed this glaring oversight. […]
The government confirms no doorstep visits for Bounce Back Loan defaults, urging borrowers to report lenders making such threats—read the official stance. […]
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