Santander Ordered to Pay Compensation for Wrongly Taking Full Bounce Back Loan Repayments Under Interest-Only PAYG Option, Ombudsman Upholds Complaint
BBL Blaggers
Aurel Stoica, Director of Country Star Paving Limited, Faces 10-Year Ban for Overstating Turnover to Secure £50,000 Santander Bounce Back Loan
Aurel Stoica’s 10-year ban stems from inflating turnover to secure a £50,000 Santander Bounce Back Loan, misusing funds meant for business support. […]
BBL Complaints Dismissed
Metro Bank Closes Account After Early Bounce Back Loan Repayment, Ombudsman Dismisses Complaint
Metro Bank closed a customer’s account after he repaid a Bounce Back Loan early. The Ombudsman dismissed the complaint, citing the bank’s right to choose customers. […]
BBL Complaints Upheld
Close Brothers Ordered to Pay Compensation for Threatening Bounce Back Loan Applicant, Ombudsman Upholds Complaint
Close Brothers mistreated a Bounce Back Loan applicant, with an agent threatening police action, blocking the loan. The Ombudsman upheld the complaint, ordering compensation. […]