Lloyds Bank Forces Customer to Use Servicing Account for Bounce Back Loan Repayments, Denying Simpler Option, Ombudsman Upholds Bank and Dismisses Complaint
BBL Blaggers
Florin Auras Neagu, Director of Faneagu Limited, Handed 9-Year Ban for Failing to Justify Turnover Estimate Used to Secure £50,000 Lloyds Bank Bounce Back Loan
The Insolvency Service’s investigations have disqualified directors for neglecting Bounce Back Loan repayment obligations. […]
BBL Complaints Upheld
Barclays Ordered to Pay £200 for Declining Bounce Back Loan and Closing Account, Ombudsman Upholds Complaint
Barclays declined a sole trader’s Bounce Back Loan and closed his account. The Ombudsman upheld the complaint, affirming the bank’s £200 compensation for the mishandling. […]
Special Reports
Bounce Back Loan Lenders Outraged as HSBC Bypassed BBL Scheme Security Measures, Exposing Their Banks to Misuse – Industry Insiders Claim HSBC Offered Lord Udny-Lister, Boris Johnson’s Chief of Staff, a Job and Paid Sajid Javid to Avoid Penalties – See an HSBC Executive Publicly Confirm the Former
HSBC’s security lapses in the Bounce Back Loan scheme spark lender outrage, with allegations of jobs offered to insiders to dodge penalties. […]