2022 - Page 71 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Transferring Funds to His Personal Bank Account and Over-Egging His Business Turnover to Get a £50k Bounce Back Loan from HSBC Lands Company Director with a 9 Year Disqualification

July 11, 2022

A 9-year disqualification has just been handed out to a Company Director whose accounts prove his turnover was over-egged and the money trail proved the loan was not used for the benefit of his business. […]

6 Year Disqualification For a Company Director for Using a £50k NatWest Bounce Back Loan for Personal Benefit and Not for the Benefit of His Business

July 11, 2022

It does look like a 6 year disqualification is the most common “punishment” for using a Bounce Back Loan for personal benefit and not the benefit for a business and leaving it owing at liquidation, as yet another Company Director has just been handed one, as this case reveals. […]

£25k Bounce Back Loan Turns Sour as Company Director is Hit with a 6 Year Disqualification for Using it for Personal Benefit and Leaving it Owing at Liquidation

July 11, 2022

The next set of figures showing just how many Bounce Back Loan Guarantee claims have put in by lenders will no doubt be huge, and those figures are due this month. Here is another case in which a Company Director has been hit with a long disqualification for BBL wrongdoing. […]

Victim of Identity Fraud Complains to the Ombudsman That Santander Closed All His Accounts After Applying for a Bounce Back Loan Which They Also Declined Saying He Had a CIFAS Marker – Ombudsman Upholds His Complaint Saying the Bank Acted Unfairly

July 10, 2022

Imagine being turned down for a Bounce Back Loan, and having all your accounts closed, and being told the CIFAS marker you stand accused of having was there due to a fraudster using your identity on an address you knew nothing about, but CIFAS saying you do not have a marker. That nonsense and additional unfair treatment by Santander makes up part of this case which the Ombudsman has just upheld and awarded £500 to the customer. […]

Lloyds Customer Complains That They Logged a Sira Inconsistency Marker on the National Sira Database But No CIFAS Marker in Relation to a Her BBL Application – The Ombudsman Decide They Had Enough Reason to Log the Sira Marker

July 9, 2022

Plenty of unusual Bounce Back Loan related complaints are as always are going through the Financial Ombudsman Service, and here is one they did not uphold regarding a National Sira Database Inconsistency Marker logged by Lloyds Bank when they suspected something dodgy was going on. […]