HSBC Ordered to Remove Unjust “Misuse of Facility” CIFAS Fraud Marker on Bounce Back Loan Recipient, Ombudsman Upholds Complaint
BBL Blaggers
10-Year Ban for Director’s Double Loan Scam
A director who illegally obtained two Bounce Back Loans for a single company now faces a 10-year ban. Dive into the story of how this scheme unravelled, leaving banks out of pocket. […]
BBL Complaints Dismissed
Barclays Seizes Bounce Back Loan for Late Company Formation, Ombudsman Dismisses Complaint
Barclays seized a Bounce Back Loan for a company formed after March 2020. The Ombudsman dismissed the complaint, confirming the bank’s eligibility review. […]
BBL Complaints Upheld
HSBC Ordered to Replicate Bounce Back Loan for Application Errors, Ombudsman Upholds Complaint
HSBC’s errors prevented a customer from securing a Bounce Back Loan. The Ombudsman upheld the complaint, ordering a replica loan post-scheme closure for the bank’s mistakes. […]