HSBC Ordered to Pay Compensation for Wrongly Defaulting Bounce Back Loan, Ombudsman Upholds Complaint
Special Reports
HSBC Chief Confirms Leniency for Borrowers Suspected of Inflating Turnover to Secure Bounce Back Loans
HSBC’s boss admits they’re letting those who fudged turnover for BBLs repay normally. We question whether this is fairness or a loophole. […]
Special Reports
Starling Bank Ordered to Pay £200 for Seizing and Defaulting a Bounce Back Loan After Noticing Director’s Dormant Accounts Indicated No Trading or Turnover
Starling Bank must pay £200 for defaulting a company’s Bounce Back Loan after discovering dormant accounts showed no trading, ruling the loan ineligible. […]
BBL Complaints Dismissed
Barclays Denies Bounce Back Loan, Ombudsman Dismisses Complaint Despite Success Elsewhere
Barclays denied a Bounce Back Loan, though the customer secured one elsewhere. The Ombudsman dismissed the complaint, finding no fault in Barclays’ decision. […]