Royal Bank of Scotland Customer Claims His Company Was Mis-sold a Bounce Back Loan After Bank Stated on Zoom It Would Benefit His Business, Despite No Need for the Loan, Leaving It Unused and Burdened with Debt – Ombudsman Rejects the Complaint
Special Reports
Rishi Sunak’s Official Statement on the Handling and Write-Off of Fraudulent Bounce Back Loans
Rishi Sunak’s statement on BBL fraud write-offs has stirred debate. We analyse his position and its implications for borrowers. […]
BBL Complaints Dismissed
NatWest Demands Repayment from Vulnerable Customer for Defaulted Bounce Back Loan, Ombudsman Dismisses Complaint
NatWest demanded a repayment plan from a vulnerable customer with ADHD and autism for a defaulted Bounce Back Loan. […]
Special Reports
Barclays Ends Customer’s Bounce Back Loan PAYG Holiday; Ombudsman Rejects Complaint, Citing Fraudulent Second Loan Due to Business Structure
Barclays cancels a customer’s PAYG repayment holiday, and the Ombudsman dismisses his complaint, ruling one of his two Bounce Back Loans was fraudulently obtained. […]