Coalville Director Faces 11-Year Ban for Misrepresenting Turnover to Obtain Barclays Bounce Back Loan
BBL Blaggers
Karol Wychowaniec, Director of Bifinor and Lovely Kids, Faces 11-Year Ban for Misusing £100k in Bounce Back Loans
Karol Wychowaniec, director of Bifinor Limited and Lovely Kids Limited, has been hit with an 11-year directorship ban starting this Bank Holiday Monday. The ban follows his failure to account for £50,000 Bounce Back Loans from Metro Bank and Lloyds, secured for each company.
[…]
Special Reports
Ombudsman Clarifies Government Exempted Bounce Back Loans from Consumer Lending Rules, So Requiring Barclays to Provide a Detailed Graph of Monthly Interest Payments Would Be Overly Burdensome
The Ombudsman notes Bounce Back Loans’ exemption from consumer lending rules, deeming Barclays’ detailed interest payment graphs too burdensome to provide. […]
BBL Complaints Dismissed
Barclays Denies Bounce Back Loan, Ombudsman Dismisses Complaint Despite Success Elsewhere
Barclays denied a Bounce Back Loan, though the customer secured one elsewhere. The Ombudsman dismissed the complaint, finding no fault in Barclays’ decision. […]