
HSBC Holds Customer Liable for Bounce Back Loan via Mobile Log-Ins, Ombudsman Dismisses Complaint

Bank of Ireland’s erroneous CIFAS marker blocked a Bounce Back Loan, causing £15k in claimed losses. The Ombudsman upheld the complaint, ordering £250 compensation. […]
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. […]
TSB terminated a Bounce Back Loan for varying turnover estimates across multiple applications. The Ombudsman dismissed the complaint, siding with TSB’s eligibility review. […]
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