April 2022 - Page 2 of 11 - Mr Bounce Back - Bounce Back Loan News - Updates

NatWest Cordially Accepted My Invitation for a Fireside Chat About Help and Support for Their BBL Customers, So I Turned Up at Their Offices in London with a Camera Crew To Discuss Those Topics, Also Invited Were the Business DebtLine and the Federation of Small Businesses

April 27, 2022

I recently rocked up at the offices of NatWest in […]

Read the Public Accounts Committee: Follow-up Report on the Bounce Back Loans Scheme

April 27, 2022

Below is the latest follow-up report on the Bounce Back […]

3 Year 6 Month Disqualification for Company Director Who Used a Bounce Back Loan to the Detriment of Creditors When She Should Have Known the Company was Insolvent

April 26, 2022

Another £50,000 Bounce Back Loan has gone sour with the bank, as sure as night follows day, putting in a claim on their guarantee. Here are the details of that case along with the reasons for that disqualification. […]

HSBC Approved a Customer’s Bounce Back Loan Then Decline It Cruelly Stating He Had the “Wrong Type of Account” Ombudsman Does Not Uphold the Complaint Even Though He States the Initially Approved BBL Probably Caused Subsequent Declines

April 25, 2022

This is a shocking case, for as you will see an HSBC customer was initially approved a Bounce Back Loan but then it was declined, an Ombudsman does not uphold the complaint or allow compensation stating that the customer had a few weeks to apply elsewhere before the scheme ended. When no bank in the scheme was accepting new customers, this outcome could lead many people to suspect that Ben the Ombudsman does not have any first-hand experience of the way the BBL scheme was run. […]

Lloyds Bank Snatch Back a Customers Bounce Back Loan and Doesn’t Agree with an FOS Case Handlers Compensation Ruling, an Ombudsman Steps in and Decides Not to Uphold the Complaint

April 24, 2022

Another rather complicated Bounce Back Loan related complaint for you to get your head around today, this one saw an initial compensation ruling being given by a Financial Ombudsman Service case handler however the bank and customer are not happy so a real Ombudsman has to step in. […]