Barclays Pays £500 for Unfair BBL Denial, Later Approves Loan Nearly a Year After Bounce Back Loan Scheme Ended
BBL Complaints Dismissed
HSBC Denies Feeder Account for Bounce Back Loan, Ombudsman Dismisses Complaint
HSBC denied a feeder account, blocking a Bounce Back Loan for an existing customer. The Ombudsman dismissed the complaint, citing the bank’s right to refuse. […]
BBL Blaggers
Bafour Yaw Djang, Director of Okla Technology Limited, Starts 9-Year Ban for Nearly Doubling Turnover to Fraudulently Secure £45,000 Barclays Bounce Back Loan
The Insolvency Service’s probes have banned directors for using Bounce Back Loans to fund non-business ventures. […]
Special Reports
The Insolvency Service Confirms in Writing That a Company’s Trading Commencement Date, Not Its Incorporation Date, Determines Eligibility to Use Estimated Turnover for a Bounce Back Loan Application – See Their Statement
The Insolvency Service clarifies that trading start date, not incorporation, sets Bounce Back Loan turnover eligibility—read their official statement. […]