Todays News
Insolvency Service Issues Pathetic “Fact Sheet” on Bounce Back Loans
Below is a “fact sheet” on Bounce Back Loans as […]
Month: March 2022
All Rishi's Fault
Ombudsman Deems £500 is Fair Compensation for HSBC Dangling an Untouchable 50k Account Balance in Front of a Bounce Back Loan Customer for 6 Months Than Pulling it Back Due to a Confusion Over His Business Turnover Figure
In today’s case Jenny Lomax an Ombudsman at the Financial Ombudsman Service gives her ruling on one of many of HSBC Bounce Back Loan related complaints she and her colleagues have received. […]
The Disqualification Files
7 Year Ban for Business Owner Who Over-Egged Turnover to Get a Bounce Back Loan and Spent Most of It Gambling and a 9 Year Ban for Another Who Bagged Two BBLs That He Was Not Entitled To Part of Which Were Used for Personal Benefit
The following two cases sees my BBL defaults tracker shoot past the 400 mark, that tracker lists those who have been found to have done some form of wrongdoing related to a Bounce Back Loan and have been slapped with a disqualification/ban/bankruptcy restrictions order. […]
Hot Topic
The Disqualification Files
HSBC Lose Another Bounce Back Loan as Company Director is Hit With a 7 Year Disqualification for Over-Egging Turnover and Using Half of it for Personal Benefit
This case involves £25k Bounce Back Loan paid out by HSBC, which as you will see, resulted in a 7 Year Disqualification. […]