Below is yet another complaint that has just been settled about a Bounce Back Loan application that was ultimately declined, be aware, it is quite distressing. […]
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. […]
It looks like Jenny Lomax an Ombudsman at the Financial Ombudsman Service is finally getting to grips with the complexities of the Bounce Back Loan scheme, when customers complain to her about banks messing them about. As this case proves, she took into account, and boosted the compensation initially awarded due to a customers BBL being blocked for a month, and them losing one month’s worth of the interest free period. […]
It is good to see some Financial Ombudsman Service BBL related complaints being properly investigated, and compensation being awarded to those affected by all manner of different problems when they applied for or were trying to access their BBL funds. […]
I remember that horrendous Friday night way back in the early days of the Bounce Back Loan Scheme when Starling Bank declined en masse 3000+ people for a Bounce Back Loan, I can never forget it to be honest, I cried chatting to a lot of people that night who saw their future business security snatched away from them. […]
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