
Lloyds Bank Misleads Borrower on Bounce Back Loan Shortcut, Ombudsman Dismisses Complaint Citing Confused Recollections

Lloyds defaulted Bounce Back Loans by sending demands to outdated addresses, failing to update records. […]
Lorence Disha has been hit with a decade-long director ban starting today. He inflated his company A. L. HCW Limited’s turnover figures to secure a £50,000 Bounce Back Loan from Lloyds Bank, only to misuse the funds for personal gain, leaving creditors high and dry. […]
Santander demanded a Bounce Back Loan repayment despite allowing turnover estimates, citing fine print. The Ombudsman upheld the complaint, ordering compensation for misleading information. […]
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