Barclays Cancels PAYG Option and Closes Account Over Missed Payments; Ombudsman Awards £150
BBL Complaints Upheld
TSB Ordered to Pay £200 for Wrongly Seizing Bounce Back Loan, Ombudsman Upholds Complaint
TSB seized a Bounce Back Loan, wrongly accusing a sole trader of ineligibility. The Ombudsman upheld the complaint, ordering £200 compensation for the unfair treatment. […]
BBL Complaints Dismissed
Santander’s Turnover Checks Deny Bounce Back Loan, Ombudsman Dismisses Complaint
Santander denied a Bounce Back Loan due to rigorous turnover checks. The Ombudsman dismissed the complaint, finding the bank’s assessment process fair. […]
BBL Blaggers
4-Year Ban for Director After Barclays Winds Up Company for Unpaid Loan
Barclays wound up a company in the High Court whose director left a £50,000 Bounce Back Loan unpaid and risked HMRC funds, leading to a modest 4-year ban. Explore this case. […]