
Lloyds Recalls Bounce Back Loan for Unverified Turnover, Ombudsman Dismisses Complaint

TSB seized a Bounce Back Loan, wrongly accusing a sole trader of ineligibility. The Ombudsman upheld the complaint, ordering £200 compensation for the unfair treatment. […]
Lloyds refused to amend a turnover figure for a Bounce Back Loan, despite proof of higher turnover. The Ombudsman dismissed the complaint, upholding the bank’s decision. […]
HSBC’s system errors caused account applications to “drop off,” blocking a Bounce Back Loan. The Ombudsman upheld the complaint, affirming £200 compensation. […]
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