Santander – Page 22 – Bounce Back Loan

Chaos Ensues as Santander and HSBC Account Reviews Trigger Full BBL Repayment Demands and CIFAS Fraud Markers

Santander and HSBC’s account reviews are sparking BBL repayment demands and CIFAS markers. We expose this turbulent crackdown. […]

£100k Bounce Back Loans Fail, Directors Banned 4-7 Years

Three directors face 4, 6, and 7-year bans for misusing £100,000 in Bounce Back Loans from Barclays and Santander. Explore the fraud behind these loan failures. […]

Director Banned for 3.5 Years for Multiple Misconducts Including Misusing £15,000 Santander Bounce Back Loan

A director has been banned for 3.5 years for various wrongdoings, including failing to provide records to verify the use of a £15,000 Santander Bounce Back Loan. The disqualification reflects potential misuse uncovered during liquidation.
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Santander Ordered to Pay £175 for Bounce Back Loan Application Errors, Ombudsman Upholds Complaint

Santander’s multiple errors mishandled a Bounce Back Loan application, causing delays. The Ombudsman upheld the complaint, awarding £175 compensation for the bank’s failures. […]

Santander Requires Actual Turnover Despite Estimates, Ombudsman Dismisses Complaint

Santander seized a Bounce Back Loan, requiring actual turnover despite allowing estimates. The Ombudsman dismissed the complaint, upholding the bank’s review. […]

Santander Ordered to Pay £100 for Misleading on Bounce Back Loan Turnover, Ombudsman Upholds Complaint

Santander misled a customer about amending a Bounce Back Loan turnover figure, then cited fixed rules. The Ombudsman upheld the complaint, awarding £100 compensation. […]

Santander’s Turnover Checks Deny Bounce Back Loan, Ombudsman Dismisses Complaint

Santander denied a Bounce Back Loan due to rigorous turnover checks. The Ombudsman dismissed the complaint, finding the bank’s assessment process fair. […]

Three Sole Traders Given Bankruptcy Restrictions Orders for Misusing £125,250 in Bounce Back Loans

Three sole traders have been given Bankruptcy Restrictions Orders for various Bounce Back Loan misuses totalling £125,250, including inflating turnover, gambling, and personal use. These BRO’s highlight widespread abuse of the government-backed scheme. […]

Santander Seizes Bounce Back Loan After Turnover Review, Ombudsman Dismisses Complaint

Santander seized a Bounce Back Loan after reviewing turnover and usage, finding discrepancies. The Ombudsman dismissed the complaint, upholding the bank’s actions. […]

Director Banned for 6 Years for Using £49,000 Santander Bounce Back Loan as Personal Loan

A director faces a six-year ban for using a £49,000 Santander Bounce Back Loan as a director’s loan for rent and living expenses, leaving it unpaid at liquidation. The disqualification underscores misuse of pandemic relief funds. […]