
HSBC Seizes Sole Trader’s Account for Bounce Back Loan, Ombudsman Dismisses Complaint

HSBC lA director’s misconduct with a £40,000 HSBC Bounce Back Loan, left unpaid at liquidation, has resulted in a 6-year ban. Explore the violations that led to this significant financial loss. […]
HSBC failed to deliver a Bounce Back Loan, claiming an unsigned agreement the customer never received. The Ombudsman upheld the complaint, awarding £500 compensation. […]
Santander closed accounts and denied a Bounce Back Loan due to a CIFAS marker from identity fraud. The Ombudsman upheld the complaint, ordering compensation for unfair treatment. […]
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