HSBC Demands Bounce Back Loan Repayment Post-CBILS, Ombudsman Dismisses Complaint
BBL Complaints Upheld
HSBC Ordered to Pay £200 for Issuing Bounce Back Loan in Sole Trader Name, Ombudsman Upholds Complaint
HSBC issued a Bounce Back Loan in a sole trader’s name instead of his Ltd company, citing pandemic workload. The Ombudsman upheld the complaint, awarding £200 compensation. […]
BBL Complaints Upheld
Lloyds Ordered to Pay Compensation for Faulty System Logging Bounce Back Loan Defaults, Ombudsman Upholds Complaint
HLloyds’ defective credit reporting system repeatedly logged a non-defaulted Bounce Back Loan as defaulted, requiring manual fixes. The Ombudsman upheld the complaint, ordering compensation for the error. […]
BBL Blaggers
8-Year Ban for Director’s £25k Turnover Scam
A director who overstated turnover to secure a £25,000 HSBC Bounce Back Loan—when eligible for just over £10,000—has been banned for 8 years. Learn how this fraud led to government guarantee claims. […]