British Business Bank Continues to Overlook Rogue Bounce Back Loan Lenders as Another Is Exposed for Illegally Charging BBL Recipients Fees – Barclays Offers Meagre £75 Compensation to Affected Customer for Their Deceptive Practices
BBL Blaggers
Charles Ling from Romford Receives 15-Month Suspended Sentence for Fraudulently Securing a Second Bounce Back Loan from Lloyds After a Barclays Loan
Bounce Back Loan fraud, including fake documentation, has resulted in directors being barred from corporate management. […]
BBL Complaints Upheld
Santander Ordered to Refund £470 Fee and Pay Compensation for Bounce Back Loan Recall, Ombudsman Upholds Complaint
Santander demanded £42k of a £50k Bounce Back Loan, charged a £470 fee, and escorted a customer out. The Ombudsman upheld the complaint, ordering a refund and compensation. […]
BBL Complaints Upheld
HSBC Ordered to Pay £750 for Misleading Bounce Back Loan Application Progress, Ombudsman Upholds Complaint
HSBC repeatedly misled a customer about his Bounce Back Loan application progress, which was ultimately denied. The Ombudsman upheld the complaint, awarding £750 compensation. […]