2022 - Page 74 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Over-Egging Turnover and Using Most of a £36k Yorkshire Bank Bounce Back Loan for Personal Benefit Lands Company Director with a 7 Year Disqualification

July 5, 2022

Some business owners could estimate their turnover to get a Bounce Back Loan, but not the one in today’s case that had been trading for decades. Over-egging the turnover and using most of a BBL for personal benefit and leaving it owning at liquidation has seen him just receiving a 7-year disqualification. […]

Multiple Reports of Madness with Santander Account Reviews and HSBC Safeguarding Reviews Leading to Demands for Full Repayment of Bounce Back Loans and Even CIFAS Markers

July 4, 2022

OK, listen up, if you have received an infamous HSBC “Safeguarding review” which they ridiculously send via email so many people miss getting them, or Santander are putting you through one of their equally infamous “account reviews” you need to be aware of what they can do if you do not respond. […]

Breaching the Terms of the Bounce Back Loan Scheme in Regard to a £20k BBL Sees Company Director Hit with a 10 Year Disqualification

July 4, 2022

If there was ever a bingo card for Bounce Back Loan wrongdoing, the Company Director in the following case would have got a full house. […]

Sole Trader Applied for a Feeder Account in July 2020 with HSBC By the Day of the Scheme Ending March 31st, 2021, They Hadn’t Processed It So He Missed Out – Ombudsman Awards Him £500 Compensation As He Says Having Looked At His Tax Return, He Didn’t Qualify for a £50k BBL Anyway

July 3, 2022

The title of this BBL related complaint gives you an idea of what the case revolves around, perhaps the applicant made a mistake or could have applied elsewhere for a BBL if HSBC had done things on time, who knows, anyway have a read, and see what you think about it. […]

HSBC Declined a Customers BBL Application He Then Submits a Second But Amended One They Toss It Aside Without Reviewing It Thinking it Was a Duplicate – Ombudsman Says He Can Have £100 Compensation For the Bank Says They Would Have Declined the Second One If They Had Properly Assessed It Anyway

July 3, 2022

Missing out on a Bounce Back Loan due to bank errors and a lack of information from them was something no end of people experienced during the BBL scheme, and this case highlights the stress and suffering caused by banks such as HSBC. […]