Santander Denies Personal Loan Due to Unassociated Bounce Back Loan, Ombudsman Dismisses Complaint
BBL Blaggers
Co-Directors Receive 6-Year Bans for Using £40,000 Santander Bounce Back Loan to Repay Personally Guaranteed Loans
Two co-directors have been banned for six years for using a £40,000 Santander Bounce Back Loan to repay personally guaranteed loans, benefiting themselves rather than the business. The disqualification reflects misuse of the loan scheme. […]
BBL Complaints Dismissed
HSBC Seizes £18k for £50k Bounce Back Loan Repayment, Ombudsman Dismisses Complaint
HSBC seized £18k and demanded repayment of a £50k Bounce Back Loan without reason. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]
BBL Blaggers
Director Banned for 6 Years for Securing £50,000 Santander Bounce Back Loan for Insolvent Business
A director faces a six-year ban for securing a £50,000 Santander Bounce Back Loan for an insolvent business and using it for personal benefit. The disqualification reflects misuse of the government-backed Bounce Back Loan scheme. […]