
HSBC Ordered to Issue Replica Bounce Back Loan for 2020 Application Errors, Ombudsman Upholds Complaint

A Croydon director who withheld accounting records, obscuring a £50,000 HSBC Bounce Back Loan’s eligibility, faces an 8-year ban. Learn why this lack of transparency led to a reduced penalty. […]
SBC informed a customer that Bounce Back Loans lack Consumer Credit Act protections. The Ombudsman dismissed the complaint, despite FCA concerns about bank compliance. […]
A fitness company director who inflated turnover to blag a £50,000 HSBC Bounce Back Loan, then pocketed most for personal use, faces a 10-year ban. Uncover how this fraud led to liquidation losses. […]
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