Barclays Ordered to Pay £200 for Bounce Back Loan Processing Delay, Ombudsman Upholds Complaint
Special Reports
Barclays Denies Sole Trader’s Third BBL for Additional Business, Ombudsman Awards £200 for Delay-Induced Distress
Barclays rejected a sole trader’s third BBL and delayed the decision, leading to a £200 Ombudsman payout. We unpack this case. […]
BBL Complaints Upheld
Lloyds Ordered to Reinstate Bounce Back Loan and Remove Credit Markers, Ombudsman Upholds Complaint
Lloyds unfairly defaulted a Bounce Back Loan, treating a customer poorly to claim a guarantee. The Ombudsman upheld the complaint, ordering reinstatement and removal of adverse credit markers. […]
Strike Off and Dissolution Blocks
Ombudsman Paul Advises Directors to Cooperate with Bounce Back Loan Lenders During Strike Off to Avoid Debt Pursuit and Lift Company Dissolution Blocks
Ombudsman Paul urges directors to work with Bounce Back Loan lenders during company strike-off processes to secure debt write-offs and remove dissolution barriers. […]