HSBC Ordered to Pay £200 for Issuing Bounce Back Loan in Sole Trader Name, Ombudsman Upholds Complaint
BBL Blaggers
10-Year Ban for Director’s Double Bounce Back Loan Exploit
A director exploited HSBC’s delayed database checks to secure two Bounce Back Loans for one business, earning a 10-year ban. Learn how this oversight allowed the scam to succeed until liquidation. […]
BBL Complaints Dismissed
NatWest Delays Servicing Account and Denies Bounce Back Loan, Ombudsman Dismisses Complaint
NatWest delayed a servicing account for seven months, then repeatedly denied a Bounce Back Loan. The Ombudsman dismissed the complaint, citing the bank’s discretion. […]
BBL Complaints Upheld
HSBC Ordered to Remove “Evasion of Payment” CIFAS Marker for Bounce Back Loan, Ombudsman Upholds Complaint
HSBC restricted a customer’s Bounce Back Loan funds for five months and applied an “evasion of payment” CIFAS marker. The Ombudsman upheld the complaint, ordering marker removal. […]