Have a read through of the following document, which clearly shows why many people who never succeeded in getting a Bounce Back Loan from HSBC via a Feeder Account missed out on one due to when their business started trading. […]
Even more madness from the Financial Ombudsman Service who once again appear to be hard of thinking, as you will see in the outcome of the case below which they have just tossed aside like a used tissue. […]
More madness from the Ombudsman, once again with another HSBC related Bounce Back Loan complaint. Read the following and see what some people are up against. […]
Below is yet another complaint that has just been settled about a Bounce Back Loan application that was ultimately declined, be aware, it is quite distressing. […]
The Bounce Back Loan scheme did of course close to new applications a long time ago, however there is no let-up in the number of Directors who blagged one then took the insolvency route now being slapped with long disqualifications, when it is discovered they did wrong with those loans, in the case below that wrongdoing was over-egging turnover. […]
Even though some Company Directors that blagged a Bounce Back Loan get shorter disqualifications when their wrongdoing comes to light, it’s still something of a postcode lottery, for the chap named in the case below ended up with a 10 year ban for the wrongdoing uncovered at liquidation that being over-egging his turnover. […]
Whilst there may be a case for leniency in the length of ban handed out or in fact whether a ban is given out at all in some circumstances when Bounce Back Loan wrongdoing has been uncovered, by blagging one when not eligible in the first place, that act of wrongdoing never going to result in sympathy, as the Company Director named below has discovered, as she now starts a 9 year ban. […]
Using a Bounce Back Loan for personal benefit is often going to result in a slap in the form of a long disqualification when taking the insolvency route, as the following Director who just been given a 10 year ban discovered. […]
Make no mistake about it, BBL Lenders are all over Companies House, and anything they see that they don’t like the look of will often see them cancel a Bounce Back Loan agreement and demand immediate repayment of the outstanding balance, all with the greenlight of the Ombudsman, as the case below proves. […]
Any red flags spotted by a Bounce Back Loan Lender will often see them restrict a Company’s Bank account, and that is exactly what Barclays did in the following case, which the Ombudsman Colin Brown says is nothing to complain about. […]
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