Barclays Cancels PAYG Option and Closes Account Over Missed Payments; Ombudsman Awards £150
BBL Complaints Dismissed
Metro Bank Closes Account After Early Bounce Back Loan Repayment, Ombudsman Dismisses Complaint
Metro Bank closed a customer’s account after he repaid a Bounce Back Loan early. The Ombudsman dismissed the complaint, citing the bank’s right to choose customers. […]
BBL Complaints Upheld
HSBC Ordered to Reinstate BBL, Refund £10,000, and Pay Compensation After Unfair Default
Despite resistance, HSBC was directed to reinstate a Bounce Back Loan, restore PAYG options, refund nearly £10,000 with interest, remove negative credit markers, and pay £250 to a customer for an unjust BBL default. […]
BBL Blaggers
11-Year Ban for Director Misusing £50k Barclays Loan for Non-Trading Business
A director secured a £50,000 Barclays Bounce Back Loan for a non-trading business with dormant accounts and misused it, resulting in an 11-year ban. Dive into this case. […]