November 2022 - Page 12 of 14 - Mr Bounce Back - Bounce Back Loan News - Updates

Having Worked Out a Company Wasn’t Trading As Of March 1st, 2020, and the Estimated Turnover Was Way Off Mark, a Company Director is Hit With a 9 Year Ban for Bagging a £30k Barclays BBL Left Unpaid at Liquidation

November 7, 2022

It didn’t take very long, and it never does, for the powers that be that forensically went over the Bounce Back Loan application associated with the Company Director below to work out his Business wasn’t entitled to it. The upshot being he is now starting a 9 year ban. […]

Sole Trader Left Fuming When He Spots HSBC Have Recorded a Late Bounce Back Loan Payment Marker on His Credit File – But Why Can’t You See Any Trace of a BBL on Your Credit File? This Will Explain

November 4, 2022

As many of you will not see any mention of a Bounce Back Loan on your personal credit file, you may be wondering why that is […]

Ben Jennings The Ombudsman Gives a Rather Clear Insight Into What Santander Go Snooping Around for When Performing a Review Related to a Bounce Back Loan

November 4, 2022

As you may be aware, if you have had to endure one, Santander are making a point of delving deeply into bank accounts and questioning anybody they believe may have pulled the wool over their eyes regarding any aspect of applying for or using the funds from a Bounce Back Loan, when preforming one of their infamous “reviews”. […]

Royal Bank of Scotland Empty a Customers Savings and Personal Account to Repay a Bounce Back Loan They Decided He Wasn’t Eligible for in the First Place – Ombudsman Says That’s Fine and is Allowed

November 4, 2022

Just a timely reminder of what can happen if a bank decides to default you on a Bounce Back Loan, and they can do the following with the greenlight from the Ombudsman. […]

Company Director Starting a 9 Year Disqualification for Over-Egging His Business Turnover to Get a Much Higher Valued HSBC Bounce Back Loan Than His Company Was Entitled To

November 4, 2022

Just one disqualification to report today, that being the chap below who for the “crime” of over-egging his turnover to get a BBL roughly double in size than he was entitled, and leaving it unpaid at liquidation, is now starting a 9 year ban. […]