Lloyds Closes Account, Denies Bounce Back Loan, Ombudsman Dismisses Complaint with £150
BBL Blaggers
Azizullrahman Akbari, Director of New Watan Bakery Ltd, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan
Directors who used Bounce Back Loans to fund side ventures face bans for misuse. […]
Special Reports
Barclays Cancels BBL After Review, Seizes Account Funds for Repayment, and Ombudsman Upholds Their Actions
Barclays terminated a BBL, grabbed account funds to repay it, and the Ombudsman says it’s allowed. We break down this tough ruling. […]
BBL Complaints Upheld
Ulster Bank Ordered to Pay £350 for Misleading on Bounce Back Loan Account, Ombudsman Upholds Complaint
Ulster Bank falsely told a customer an account was opened, preventing a Bounce Back Loan application. The Ombudsman upheld the complaint, awarding £350 compensation. […]