Todays News
CMA Slap Down Clydesdale and Yorkshire Bank for Forcing Their Business Customers Using a Personal Account to Open a Business Account to Access a Bounce Back Loan
In light of Danske Bank having been found guilty of […]
Month: November 2021
Todays News
Danske Bank Found Guilty of Ripping off Bounce Back Loan Applicants a Second Time – They Would Soon Be Screaming If a Customer Pulled a Scam on Them
The number of banks there were part of the Bounce […]
BBL Complaints and Outcomes
Barclays Snatch Back Bounce Back Loan Due to Company Not Being Formed On or Before the 1st of March 2020 Despite Company Director Saying It Was – Ombudsman Agrees Barclays Were Right
A Company Director applied for a Bounce Back Loan with Barclays, was approved for that loan and it was paid out, however a subsequent review of the loan application revealed the incorporation date of the Company […]
BBL Complaints and Outcomes
TSB Snatch Back a Bounce Back Loan and Accuse Sole Trader of Not Being Eligible for That Loan and Using Funds for Personal Use SME Applies Elsewhere and Gets a BBL – Financial Ombudsman Thinks £200 is Suitable Compensation for The Scandalous Way TSB Treated That SME
Today I present to you even more proof of why the Members of the House of Lords were wrong to vote down an amendment to give those with a Bounce Back Loan more protection, many of them had financial interests with BBL lenders and one in a bailiff firm when they voted by the way. This case is a shocking one regarding TSB who accuse a Sole Trader of all sorts, but low and behold that SME went on to get a BBL elsewhere eventually. […]
BBL Complaints and Outcomes
Financial Ombudsman Finally Makes a Ruling on a Complicated Bounce Back Loan Related Case Surrounding a New Business and Estimated Turnover Which Resulted in a Snatch Back Letter and the Cancelling of That Lloyds Bank Issued BBL
With so many people now receiving snatch back letters and demands for the immediate repayment of a Bounce Back Loan (I spoke to several people only yesterday that have just received such a letter and demand), today I present to you a ruling on one such case in which you will see one minor mistake in applying resulted in the Financial Ombudsman not upholding the complaint. […]