
HSBC Ordered to Compensate Customer for Misapplying Bounce Back Loan Rules on Erroneous Insurance Payment, Ombudsman Upholds Complaint

A Broadstairs sandwich shop director who inflated turnover to secure a £50,000 HSBC Bounce Back Loan faces a 9-year ban. Learn how this financial deception led to unpaid debts. […]
Barclays denied a Bounce Back Loan and closed a customer’s account. The Ombudsman dismissed the complaint, finding no evidence of unfair treatment. […]
TSB seized a Bounce Back Loan, wrongly claiming ineligibility despite an estimated turnover. The Ombudsman upheld the complaint, awarding £200, though estimates weren’t allowed. […]
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