HSBC Ordered to Pay £500 for Bounce Back Loan Non-Delivery, Ombudsman Upholds Complaint
BBL Complaints Dismissed
Santander Requires Actual Turnover Despite Estimates, Ombudsman Dismisses Complaint
Santander seized a Bounce Back Loan, requiring actual turnover despite allowing estimates. The Ombudsman dismissed the complaint, upholding the bank’s review. […]
BBL Blaggers
9-Year Ban for Aviation Director’s Turnover Fraud
Owen McKernan, director of McKernan Aviation, who overstated turnover to blag an HSBC Bounce Back Loan, faces a 9-year ban. Discover how this Northern Ireland fraud led to penalties. […]
BBL Complaints Upheld
Santander Ordered to Pay Compensation for Wrongly Taking Full Bounce Back Loan Repayments Under Interest-Only PAYG Option, Ombudsman Upholds Complaint
Santander incorrectly deducted full repayment amounts from a customer on an interest-only Bounce Back Loan PAYG option. The Ombudsman upheld the complaint, ordering compensation for the unauthorized deductions. […]