HSBC’s BBL battlefield is packed with glory and gore! From stunning successes to scandalous slip-ups, explore the rollercoaster of their Bounce Back Loan tales!
HSBC’s top exec reveals their strategy for BBL defaults and when they stop chasing debts. We break down key insights for borrowers. […]
A barber faces a nine-year ban after exaggerating his business turnover to obtain a £45,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]
HSBC denied Bounce Back Loans to feeder account applicants not trading by April 2019, misleading customers. The Ombudsman upheld the complaint, ordering compensation. […]
HSBC denied a one-day repayment date change for a Bounce Back Loan. The Ombudsman dismissed the complaint, attributing the restriction to British Business Bank rules. […]
HSBC marked a customer in arrears despite a £10k early Bounce Back Loan payment, due to no direct debit setup. The Ombudsman dismissed the complaint, citing payment issues. […]
HSBC repeatedly misled a customer about his Bounce Back Loan application progress, which was ultimately denied. The Ombudsman upheld the complaint, awarding £750 compensation. […]
A director who secured an ineligible £30,000 HSBC Bounce Back Loan and transferred it to herself now faces a 9-year ban. Uncover the details of this bold misuse and its consequences. […]
A director’s failure to provide accounting records for a £50,000 HSBC Bounce Back Loan, left unpaid at liquidation, has earned a 6-year ban. Find out why this lack of transparency led to a lighter penalty. […]
A sole trader complained about HSBC’s late Bounce Back Loan payment marker on his credit file. The Ombudsman dismissed the complaint, upholding the bank’s action. […]
A director who overstated his company’s turnover to secure a larger-than-entitled HSBC Bounce Back Loan has been banned for 9 years. Learn how this fraudulent tactic led to a significant financial default. […]
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