
Santander Ordered to Pay Compensation for Demanding Bounce Back Loan Repayment, Ombudsman Upholds Complaint

Despite dormant accounts showing zero turnover, a director secured a £50,000 Santander Bounce Back Loan, resulting in a 10-year ban for fraudulent misrepresentation. […]
HMRC data exposed a director’s inflated turnover claims, securing a £50,000 Santander Bounce Back Loan, resulting in an 11-year ban for fraudulent application and fund misuse. […]
Barclays’ eight-week delay in processing a Bounce Back Loan caused distress. The Ombudsman upheld the complaint, awarding £200 compensation, less than the £1,000 sought. […]
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