HSBC Blocks Company Dissolution Over Unpaid Bounce Back Loan, Ombudsman Dismisses Complaint
BBL Blaggers
Co-Directors Banned for Misusing £50k Loan
Two co-directors face bans of 2.5 and 5 years for their roles in misusing a £50,000 Bounce Back Loan, with one neglecting duties and the other diverting funds away from the business. Uncover the details of this HSBC loan gone wrong. […]
Dark Side of BBL's
Shocking HSBC Case: Branch Manager Invests Customer’s BBL in Crypto, Ombudsman Clears Bank
An HSBC manager invested a customer’s BBL in crypto. The Ombudsman’s ruling that the bank isn’t liable stuns. […]
Special Reports
Ombudsman Rejects Complaint Over Barclays’ Frequent Texts and Letters About Missed Bounce Back Loan Payments
Barclays bombarded a customer with BBL payment reminders, but the Ombudsman dismissed the complaint. We explore why this ruling hurts borrowers. […]