NatWest Ordered to Pay £100 and Interest for Bounce Back Loan Delay, Ombudsman Upholds Complaint
BBL Complaints Upheld
NatWest Ordered to Reinstate Bounce Back Loan and Increase Compensation for System Failure, Ombudsman Upholds Complaint
NatWest’s system failure led to a wrongful Bounce Back Loan default. The Ombudsman upheld the complaint, ordering reinstatement and significantly increased compensation for the bank’s error. […]
BBL Complaints Dismissed
Santander Seizes Bounce Back Loan After Post-Drawdown Checks, Ombudsman Dismisses Complaint
Santander seized a Bounce Back Loan after post-drawdown checks raised turnover and eligibility concerns. The Ombudsman dismissed the complaint, siding with the bank. […]
BBL Blaggers
Director Sentenced for Fraudulently Securing Two £50,000 Bounce Back Loans
Imran Mushtaq, director of IZ Business Consultants, received a 20-month suspended sentence and 120 hours of unpaid work for fraudulently obtaining two £50,000 Bounce Back Loans. […]