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
BBL Complaints Dismissed
NatWest Seizes Bounce Back Loan and Closes Account, Ombudsman Dismisses Complaint
NatWest seized a Bounce Back Loan and closed a customer’s account. The Ombudsman dismissed the complaint, citing the bank’s rights under loan terms. […]
BBL Blaggers
10-Year Ban for Director Misstating Turnover to Get £50k Barclays Loan
A director who claimed a £200,000 turnover when it was only £22,000 to secure a £50,000 Barclays Bounce Back Loan, and left it unpaid, now faces a 10-year ban. Dive into this case. […]
BBL Blaggers
6-Year Ban for Missing Records in £50k Bounce Back Loan Case
A director’s failure to provide financial records for a £50,000 Barclays Bounce Back Loan during insolvency led to a 6-year ban. Uncover the mystery of this unpaid loan’s fate. […]