
Official Statements from BEIS, FCA, and NAO Confirm Pursuit of Unpaid Bounce Back Loans Should Cease After 12 Months

HSBC’s harsh default, account closure, and CIFAS marker are reversed by the Ombudsman, who rules the customer’s turnover estimate was valid, awarding compensation. […]
Examine the Bounce Back Loan Guarantee Agreement signed by lenders and the Secretary of State, ensuring they’re reimbursed if you default. […]
Barclays terminated a BBL, grabbed account funds to repay it, and the Ombudsman says it’s allowed. We break down this tough ruling. […]
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