HSBC Denies Feeder Account for Bounce Back Loan, Ombudsman Dismisses Complaint
BBL Complaints Upheld
Co-Operative Bank Ordered to Pay £100 for Seizing £50k Bounce Back Loan, Ombudsman Upholds Complaint
Co-Operative Bank closed an SME’s account and seized a £50k Bounce Back Loan for risk reasons. The Ombudsman upheld the complaint, ordering £100 compensation. […]
BBL Blaggers
12-Year Ban for Director’s Bounce Back Loan Misuse Scandal
Martin Quince, director of Rosetta Publishing, shocked officials by using a second Bounce Back Loan to clear a personal guarantee, landing a 12-year ban. Uncover the details of this HSBC and Funding Circle Bounce Back Loan scandal. […]
BBL Complaints Upheld
NatWest Ordered to Pay £300 for Bounce Back Loan Snatch-Back Errors, Ombudsman Upholds Complaint
NatWest seized a £25k Bounce Back Loan, approved a £45k reapplication, then seized it again. The Ombudsman upheld the complaint, awarding £300 for the mishandling. […]