Metro Bank – Page 5 – Bounce Back Loan

Metro Bank Customer’s Complaint Rejected by Ombudsman After Claiming Bank Denied a Five-Year Repayment Holiday for Her Company’s Bounce Back Loan, Leading to Default

A Metro Bank customer’s claim of a denied five-year Bounce Back Loan repayment holiday is dismissed by the Ombudsman, resulting in default. […]

David Vernon Stephenson of Tattoo Hub Ltd Banned for 9 Years for Overstating Turnover to Secure £50,000 Metro Bank Bounce Back Loan

David Vernon Stephenson, director of Tattoo Hub Ltd, faces a nine-year ban after exaggerating his company’s turnover to obtain a £50,000 Metro Bank Bounce Back Loan. […]

When a Conservative Government Fails to Act – How I Enlisted Labour MPs to Halt a Bounce Back Loan Lender’s Customer Scams, as the Conservative Government Declined to Intervene

With Conservatives ignoring Bounce Back Loan lender scams, I rallied Labour MPs to stop customer exploitation, exposing government inaction. […]

Andrew James Smith of London Equine Services Limited Banned for 7 Years and Pays £7,500 After Illegally Securing Metro Bank and Barclays Bounce Back Loans

Andrew James Smith, director of London Equine Services Limited, has been disqualified for seven years and paid a £7,500 settlement after fraudulently obtaining a £40,000 Metro Bank Bounce Back Loan, a £10,000 top-up, and a £30,000 Barclays loan. […]

Denis Olloni of Olloni Ltd Banned for 12 Years for Falsifying Zero Turnover to Secure £45,000 Metro Bank Bounce Back Loan and Misusing Funds

Denis Olloni, director of Olloni Ltd, faces a 12-year ban after claiming a turnover when his business had none to obtain a £45,000 Metro Bank Bounce Back Loan, which he used to buy a car and transfer to himself. […]

Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters

The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]

Some BBL Lenders Can Offer You a Huge Discount on What You Owe, If Your BBL Is In Default, You Can Settle That Debt For Pennies in the Pound

Defaulted on your Bounce Back Loan? Some lenders may settle your debt for pennies in the pound. Negotiate, show financial hardship, and you could clear your debt for a fraction of what you owe.

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Pal Singh Wadhwa of Superwadhwa Ltd and Samandeep & Harsimar Ltd Banned for 12 Years for Illegally Securing Four Bounce Back Loans

Pal Singh Wadhwa, director of Superwadhwa Ltd and Samandeep & Harsimar Ltd, faces a 12-year ban after fraudulently obtaining four Bounce Back Loans—two from NatWest, one from Metro Bank, and one from Capital on Tap—for his two companies. […]

Abdulkareem Hashim Ali Al Ibrahim of Apex Dining Ltd Banned for 11 Years for Falsifying Turnover and Misusing £48,000 Metro Bank Bounce Back Loan

Abdulkareem Hashim Ali Al Ibrahim, director of Apex Dining Ltd, faces an 11-year ban after overstating his company’s turnover to secure a £48,000 Metro Bank Bounce Back Loan and transferring most of it to himself. […]

Metro Bank Directed to Restore a Defaulted Bounce Back Loan, Provide PAYG Options to a Customer, and Pay £300 Compensation for Multiple Errors, Including Sending Incomplete Emails and Failing to Return Emails Sent to Former Staff

Metro Bank must reinstate a defaulted Bounce Back Loan, offer PAYG options, and pay £300 for errors like incomplete emails and ignored correspondence. […]