Santander Seizes Bounce Back Loan After Turnover Review, Ombudsman Dismisses Complaint
Special Reports
Metro Bank Customer Claims Bank Failed to Process Cheques for Bounce Back Loan Payments While Abroad, Leading to Default, Ombudsman Rejects Complaint
A Metro Bank customer’s company was defaulted on its Bounce Back Loan after the bank failed to process repayment cheques sent from abroad. The Ombudsman sides with the bank, dismissing the complaint. […]
Special Reports
Ombudsman Rejects Complaint Over Barclays’ Frequent Texts and Letters About Missed Bounce Back Loan Payments
Barclays bombarded a customer with BBL payment reminders, but the Ombudsman dismissed the complaint. We explore why this ruling hurts borrowers. […]
BBL Blaggers
Director Banned for 4 Years for Using Santander Bounce Back Loan for Personal Benefit
A director has been banned for four years for using a Santander Bounce Back Loan for personal benefit and leaving it unpaid at liquidation. The disqualification reflects misuse of government-backed financial support. […]