
HSBC Demands Bounce Back Loan Repayment Post-CBILS, Ombudsman Dismisses Complaint

Two co-directors who inflated turnover to secure a £50,000 HSBC Bounce Back Loan face matching 7-year bans. Discover how their joint deception led to unpaid debts and penalties. […]
A director has been disqualified for 11 years after overstating the turnover of his two companies to secure Bounce Back Loans from Lloyds and HSBC, then spending the funds on personal expenses like clothes, electronics, day trips, and a holiday. […]
Barclays locked a Bounce Back Loan account for a four-month review, unlocking it in December 2020. The Ombudsman dismissed the complaint, finding the delay reasonable. […]
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