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 company director who diverted a £27,500 HSBC Bounce Back Loan for personal gain now faces a 6-year ban after his business went insolvent. Learn how this misuse led to a costly government guarantee claim. […]
Complaints against HSBC, Barclays, TSB, NatWest, and Lloyds for Bounce Back Loan issues were dismissed by the Ombudsman, upholding the banks’ actions. […]
A director who exaggerated turnover to secure a £37,500 Bounce Back Loan—when entitled to just £8,800—faces a 9-year ban after using most of it for personal benefit. Discover how HSBC is recovering the funds. […]
Two directors face six and seven-year bans after defaulting on Bounce Back Loans totalling £68,473 from Lloyds Bank and HSBC. […]
HSBC refused to amend a lower turnover figure for a Bounce Back Loan, citing fixed rules. The Ombudsman upheld the complaint, ordering compensation for the restriction. […]
HSBC denied a feeder account for a Bounce Back Loan based on credit scoring. The Ombudsman dismissed the complaint, citing the bank’s account approval rights. […]
IHSBC denied an SME feeder account, preventing a Bounce Back Loan. The Ombudsman dismissed the complaint, affirming the bank’s discretion to refuse accounts. […]
HSBC delayed a CBILS application, resulting in a Bounce Back Loan. The Ombudsman dismissed the complaint, finding £300 compensation adequate for the delay. […]
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. […]
HSBC seized a £50k Bounce Back Loan, closed an account, and delayed a £54k refund. The Ombudsman dismissed the complaint, deeming the bank’s actions fair. […]
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