2022 - Page 24 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Blagging Three Bounce Back Loans for His Newly Formed Companies That Were Not Even Eligible for BBLs, then Buying a Property with the Money and Leaving Those Loans Unpaid at Liquidation Results in a 12 Year Ban

October 22, 2022

My Bounce Back Loan abuser tracker has now broken the 800 mark, thanks to this chap from Glasgow, who decided to blag three Bounce Back Loans for his companies that were not eligible for those loans and spent the money buying a property. His punishment is a 12 year ban. […]

Lloyds Bank Told to Pay £300 Compensation for Preventing a Sole Trader from Opening a Business Account to Allow Him to Then Apply for a Bounce Back Loan

October 21, 2022

Here we are in October 2022, and the Ombudsman is still mopping up the mess caused due to banks like Lloyds not playing ball with customers and potential customers many moons ago, when they could apply for Bounce Back Loans. Here is a case that has seen one such victim being awarded £300 compensation. […]

With No Meaningful Accounting Records Provided to the Liquidator No One Knows Whether a £27k Bounce Back Loan Was Spent on a Business or Not, So the Director Gets a 6 Year Ban

October 21, 2022

A long and drawn out case for you to read […]

Director Hit with a 5 Year Ban for Over-Egging Turnover to Get a £50k Barclays Bounce Back Loan for His Dormant Company Which Was Then Wound Up

October 20, 2022

As rumours swirl that Rishi Sunak may be being lined up to replace Liz Truss, here is another case involving a Bounce Back Loan in which the Director is now starting a 5 year ban. […]

Barclays Forced to Pay Compensation to a Customer for Not Being Clear with BBL Repayment Figures

October 19, 2022

As you will see below, Barclays have just been told to pay one of their Bounce Back Loan recipients £300 for not being clear with the amount they have to repay on their Bounce Back Loan, please read and digest this outcome and put your claim in for compensation if you are in the same boat. […]