Barclays Justified in Marking Bounce Back Loan Applicant as Fraudulent, Closing Accounts, Says Ombudsman
BBL Complaints Upheld
Lloyds Ordered to Pay £300 for Blocking Bounce Back Loan Account Access, Ombudsman Upholds Complaint
Lloyds prevented a sole trader from opening a business account for a Bounce Back Loan. The Ombudsman upheld the complaint, ordering £300 compensation for the restriction. […]
BBL Blaggers
10-Year Ban for Director’s Double Bounce Back Loan Exploit
A director exploited HSBC’s delayed database checks to secure two Bounce Back Loans for one business, earning a 10-year ban. Learn how this oversight allowed the scam to succeed until liquidation. […]
BBL Complaints Dismissed
HSBC Seizes Sole Trader’s Account for Bounce Back Loan, Ombudsman Dismisses Complaint
HSBC seized a sole trader’s account funds to repay a demanded Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]