
Santander Declines Bounce Back Loan After 20-Month Review, Ombudsman Dismisses Complaint

HSBC defaulted a Bounce Back Loan after debanking a customer, failing to meet the higher bar for loan recall. The Ombudsman upheld the complaint, ordering reinstatement and compensation. […]
Directors who used Bounce Back Loans to fund unrelated businesses face disqualification for violating scheme rules. […]
A beauty therapist’s 11-year ban follows the fraudulent securing of a £50,000 Santander Bounce Back Loan for a non-trading company, misusing the funds. […]
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