2022 - Page 44 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Three Sole Traders Hit with Bankruptcy Restriction Orders for Bounce Back Loan Wrongdoing Such as Using Those Loans For Personal Benefit Including One Who Splashed Out on a New Car and Over-Egging Turnover

September 1, 2022

Here is the latest rollcall of three Sole Traders who have been found to have committed some form of wrongdoing with their Bounce Back Loans and have been given Bankruptcy Restriction Orders (BRU’s) as punishment. […]

Barclays Demanded a Tax Return to Process a Customers BBL Application He Tells the Ombudsman Look It Doesn’t Say That on the British Business Bank Website, Tough Says The Ombudsman They Don’t List All of the Rules and Doesn’t Uphold His Complaint

August 31, 2022

Here we go again, as you will see in this complaint it is another case of the Ombudsman stating the British Business Bank website was not to be relied upon for factual Bounce Back Loan Scheme related rules, and ultimately does not uphold a Barclays BBL related complaint. […]

NatWest Snatch Back a Customers £12k Bounce Back Loan He Complains to the Ombudsman Who States They Will Never Tell Him Why, But the Ombudsman Is Happy With Their Decision Although It’s a Top Secret

August 31, 2022

Another case in which an Ombudsman has decided NatWest were right to snatch back someone’s Bounce Back Loan but tell the customer he will never be told the reasons why. […]

NatWest Snatch Back a Customers £25k Bounce Back Loan, He Complains So They Tell Him to Apply Again, He Does But Applies for £45k They Approve it But Snatch It Back Weeks Later Ombudsman Awards £300 in Compensation

August 31, 2022

I will let you be the judge of this complaint, which ultimately saw an Ombudsman award £300 in compensation. […]

TSB Snatch Back a Customers Bounce Back Loan as They Didn’t Believe His Turnover Figure the Customer States It Was a Projected and Therefore an Estimated Figure the Ombudsman Says His Business Was Established Before 1 Jan 2019 So No Estimates Allowed He Does However Award £200 Compensation

August 31, 2022

Another long and drawn-out TSB Bounce Back Loan related complaint, and one in which the Ombudsman does uphold the complaint in part, but not about the snatching back of the BBL. […]