NATIS Intensifies Bounce Back Loan Fraud Crackdown, Targeting Bank Accounts and Securing Cash Forfeiture Orders
Special Reports
RBS Defaults Bounce Back Loan Over System Error; Ombudsman Upholds Negative Credit Mark Despite Accident
RBS defaults a customer’s Bounce Back Loan due to a faulty PAYG system, leaving his credit file marked for six years despite his repayment willingness. […]
Special Reports
Starling Bank Staff’s Deception Prevents Customer’s BBL Application, Ombudsman Grants Minimal £50 Compensation
A Starling employee’s lies blocked a BBL application, but the Ombudsman’s £50 award feels insulting. We slam this lowball ruling. […]
Special Reports
Starling Bank Ordered to Pay £200 for Seizing and Defaulting a Bounce Back Loan After Noticing Director’s Dormant Accounts Indicated No Trading or Turnover
Starling Bank must pay £200 for defaulting a company’s Bounce Back Loan after discovering dormant accounts showed no trading, ruling the loan ineligible. […]