
HSBC Ordered to Pay Compensation for Wrongly Defaulting Bounce Back Loan, Ombudsman Upholds Complaint

Santander declined a Bounce Back Loan, demanding turnover proof after 20 months. The Ombudsman dismissed the complaint, upholding the bank’s right to verify. […]
Syed Saqib Abbas, director of Orbit Moving, who secured two Bounce Back Loans from Barclays and HSBC when entitled to one, faces an 11-year ban. Uncover this double-Bounce Back Loan deception. […]
SBC informed a customer that Bounce Back Loans lack Consumer Credit Act protections. The Ombudsman dismissed the complaint, despite FCA concerns about bank compliance. […]
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