
Lloyds Approves Bounce Back Loan Without Director’s Knowledge, Ombudsman Dismisses Complaint Due to Signatory Status

A Sutton Coldfield director faces an 11-year ban, starting New Year’s Day, after overstating her turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, failing to provide records, and not repaying it after securing a £250,000 CBILS. […]
An RBS customer, using the Mx honorific, claims discrimination and data breaches in Bounce Back Loan management, but the Ombudsman dismisses their complaint. […]
A director has been disqualified for 11 years after exaggerating his business turnover to obtain a larger-than-entitled Lloyds Bank Bounce Back Loan, which he did not use for business benefit and never repaid. […]
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