
HSBC Ordered to Write Off Bounce Back Loan Due to System Error, Ombudsman Upholds Complaint

Bank of Ireland’s erroneous CIFAS marker blocked a Bounce Back Loan, causing £15k in claimed losses. The Ombudsman upheld the complaint, ordering £250 compensation. […]
Lloyds unfairly defaulted a Bounce Back Loan, treating a customer poorly to claim a guarantee. The Ombudsman upheld the complaint, ordering reinstatement and removal of adverse credit markers. […]
Lord Agnew’s bounty hunting firm acquires a £38k director loan account from a NatWest Bounce Back Loan defaulter’s liquidator, intensifying recovery efforts. […]
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