All Rishi’s Fault

All Rishi's Fault

Failure By HSBC to Update the Error Riddled Bounce Back Loan Database Resulted in Problems for a Business Owner Getting a BBL From Another Lender the Ombudsman Decides £400 in Compensation is Deemed Fair

June 20, 2022

It became apparent to many people that the so called BBL database that was set up many weeks after the BBL scheme was launched to add another level of protection to banks against fraudulent and duplicate applications was error riddled. This case somewhat proves that beyond all reasonable doubt. […]

All Rishi's Fault

Ombudsman Agrees That HSBC Asking a Club Treasurer to Apply for a Bounce Back Loan Making a False Declaration Was Shockingly Wrong and Tells Them to Pay Compensation

April 1, 2022

Today’s case will have you choking on your coffee, as it exposes the depraved depths that HSBC went to when their Bounce Back Loan scheme was live. In today’s case they told a Club Treasurer to make a false declaration when applying for a BBL which could have left that person open to accusations of fraud, further down the line. […]