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!
A director who wildly overstated turnover from £2,026 to £225,000 to blag a £50,000 HSBC Bounce Back Loan now faces an 11-year ban. Explore how this massive exaggeration led to liquidation losses. […]
Customers claimed HSBC closed accounts and seized Bounce Back Loans on discriminatory grounds. The Ombudsman dismissed the complaints, citing no evidence of unfair treatment. […]
HSBC seized a Bounce Back Loan and closed an account, prompting a discrimination claim. The Ombudsman dismissed the complaint, leaving discrimination to court review. […]
HSBC seized Bounce Back Loan funds and closed accounts, facing a discrimination claim. The Ombudsman dismissed the complaint, deferring discrimination issues to courts. […]
HSBC took six months to notify a customer of account issues blocking a Bounce Back Loan application. The Ombudsman upheld the complaint, awarding £150 compensation. […]
Two co-directors face bans of 2.5 and 5 years for their roles in misusing a £50,000 Bounce Back Loan, with one neglecting duties and the other diverting funds away from the business. Uncover the details of this HSBC loan gone wrong. […]
A director who secured a £40,000 HSBC Bounce Back Loan for an ineligible business and misused the funds now faces an 11-year ban. Uncover the details of this bold financial deception. […]
A director who falsely claimed a £225,000 turnover to secure a Bounce Back Loan faces a 10-year ban and must repay £800 monthly. Learn how HSBC’s delays also cost them a £150 compensation payout. […]
HSBC misled customers about “feeder accounts” for Bounce Back Loans, which were imaginary. The Ombudsman upheld the complaint, ordering compensation for the deception. […]
A company director faces a decade-long ban after exaggerating his firm’s turnover by over four times to obtain a £50,000 Bounce Back Loan, which went unpaid when the business collapsed. Discover how HSBC is now claiming back the funds through government guarantees. […]
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