Barclays Defaults Customer’s Bounce Back Loan Despite PAYG Option; Ombudsman Cites Prior Missed Payments
BBL Blaggers
6-Year Ban for Director Misusing Barclays Loan for Insolvent Business
A director secured a Barclays Bounce Back Loan for an insolvent business, transferred funds to a family member, and now faces a 6-year ban. Learn about this improper loan use. […]
BBL Complaints Dismissed
HSBC Denies Feeder Account Due to Credit Scoring, Ombudsman Dismisses Complaint
HSBC denied a feeder account for a Bounce Back Loan based on credit scoring. The Ombudsman dismissed the complaint, citing the bank’s account approval rights. […]
BBL Blaggers
Samiullah Abdullah, Director of Harlesden Tasty Chicken Ltd, Receives 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Samiullah Abdullah, director of Harlesden Tasty Chicken Ltd, faces a 10-year ban for exaggerating turnover to obtain a £50,000 Barclays Bounce Back Loan. Liquidator Andrew Bailey deemed pursuit uneconomical. […]