Ombudsman Clarifies Government Exempted Bounce Back Loans from Consumer Lending Rules, So Requiring Barclays to Provide a Detailed Graph of Monthly Interest Payments Would Be Overly Burdensome
BBL Blaggers
Henrique Fazzio, Director of Quink For Prints Limited, Begins 10-Year Ban for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan
Directors who used Bounce Back Loans for personal tax payments face bans and legal scrutiny. […]
BBL Blaggers
10-Year Ban After Liquidator Uncovers Bounce Back Loan Fraud
A director’s £5,000 liquidation plan backfired when the insolvency practitioner reported Bounce Back Loan misuse, leading to a 10-year ban. Discover how his own move exposed his wrongdoing. […]
BBL Complaints Dismissed
Barclays Seizes £36k of £50k Bounce Back Loan, Ombudsman Dismisses Complaint
Barclays seized £36k of a £50k Bounce Back Loan left in a business account. The Ombudsman dismissed the complaint, upholding the bank’s recall rights. […]