
HSBC Holds Customer Liable for Denied Bounce Back Loan Application, Ombudsman Dismisses Complaint

Conister refused a Bounce Back Loan application, citing eligibility issues. The Ombudsman dismissed the complaint, upholding the lender’s discretion. […]
HSBC seized a sole trader’s account funds to repay a demanded Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]
Stockton had already obtained a loan from Clydesdale Bank (now Virgin Money) under the government-backed scheme meant to support businesses during the Covid-19 crisis. […]
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