NatWest Customer Seeks Refund for Personal Funds Used to Repay Ltd Company’s Bounce Back Loan, Ombudsman Dismisses Complaint
BBL Blaggers
Simon Capet of Koor Ltd Banned for 10 Years for Illegally Securing Dual Bounce Back Loans from Lloyds and NatWest
Simon Capet, director of Koor Ltd, faces a 10-year ban after fraudulently obtaining two Bounce Back Loans—one from Lloyds and one from NatWest—for his business, despite rules allowing only one loan. […]
BBL Complaints Dismissed
HSBC Holds Business Owner Liable for £3k Bounce Back Loan, Ombudsman Dismisses Complaint
An HSBC business owner denied applying for a £3k Bounce Back Loan but withdrew funds. The Ombudsman dismissed the complaint, citing evidence of application. […]
Special Reports
Ombudsman Clarifies Government Exempted Bounce Back Loans from Consumer Lending Rules, So Requiring Barclays to Provide a Detailed Graph of Monthly Interest Payments Would Be Overly Burdensome
The Ombudsman notes Bounce Back Loans’ exemption from consumer lending rules, deeming Barclays’ detailed interest payment graphs too burdensome to provide. […]