January 2022 - Mr Bounce Back - Bounce Back Loan News - Updates

We Wave Goodbye to Another Three Bounce Back Loans Worth Over £97,000 As Four More Company Directors are Hit With Disqualifications for Wrongdoing

January 31, 2022

Here are some more cases that have recently gone before the Insolvency Service, all of them involve Bounce Back Loans and each Company Director named has, as usual, been hit with a disqualification. […]

Jenny Lomax the Ombudsman Confirms the Idiots That Designed the Bounce Back Loan Scheme Made No allowances For Amending an Incorrectly Entered Turnover Figure and Makes HSBC Pay Compensation for Lying and Saying a Customer Could Do So

January 30, 2022

It’s a terrible situation when banks tell great big wobbly lies to their customers, much more so when they relate to the Bounce Back Loan scheme. Today’s case saw HSBC being given a slap and having to pay compensation for telling lies […]

Hayley West the Ombudsman Decides That Clydesdale Bank Were Within Their Rights to Snatch Back a Bounce Back Loan for Reasons That Must Remain Secret

January 30, 2022

The murky world of Bounce Back Loans continues to amaze the British Public, with stories of dodgy BBLs being handed out to drug addicts and even criminal gangs now becoming an almost daily occurrence. That saga will of course continue to get worse moving forward, with plenty of additional scandals yet to be revealed, but today […]

Young Chap From Blackpool Misrepresented That He Was a Sole Trader to Blag a £10k Bounce Back Loan and Ends Up with a 9 Year Bankruptcy Restrictions Order

January 29, 2022

Most of the Insolvency Service (I/S) slapping’s that have been handed down from the hundreds that I have tracked throughout this website have been given to Ltd Company Directors. […]

Santander Snatch Back Another Customers Bounce Back Loan Stating Post Draw Down Checks – Upshot is that After an Investigation Ben the Ombudsman Sides With the Bank

January 29, 2022

Today’s case that resulted in Santander snatching back and ultimately cancelling a BBL revolves around questions about a business’s turnover and red flags raised by transfers out of the business bank account from Bounce Back Loan funds. […]