Ombudsman Rules £300 Adequate Compensation After Barclays Wrongly Applied a CIFAS Fraud Marker, Misplaced All Records, and Caused His Business to Miss a Bounce Back Loan, Resulting in Insolvency
BBL Complaints Upheld
HSBC Ordered to Pay £150 for Business Collapse After Bounce Back Loan Denial, Ombudsman Upholds Complaint
HSBC’s “safeguarding review” locked an account, denied a Bounce Back Loan, and caused a business collapse. The Ombudsman upheld the complaint, awarding £150 compensation. […]
BBL Complaints Dismissed
HSBC Seizes £18k for £50k Bounce Back Loan Repayment, Ombudsman Dismisses Complaint
HSBC seized £18k and demanded repayment of a £50k Bounce Back Loan without reason. The Ombudsman dismissed the complaint, citing the bank’s contractual rights. […]
BBL Blaggers
Two Directors Banned 11 Years for Fraudulent Barclays and NatWest BBLs
One director nabbed a £50k Barclays BBL when eligible for just £12,950, another a £45k NatWest BBL when entitled to £4,428—both now face 11-year bans. Read their story. […]