BBL Compensation – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

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[ February 8, 2023 ] 11 Year Ban Handed Out to a Company Director for Over-Egging His Business Turnover to Get a £50k Bounce Back Loan off NatWest When Only Entitled to a BBL of Around £11,000 The Disqualification Files
[ February 8, 2023 ] For Getting a £50k Bounce Back Loan from Barclays by Claiming His Turnover was £200k When it Was Only £21k and Leaving it Unpaid at Liquidation a Company Director is Given a 10 Year Ban The Disqualification Files
[ February 8, 2023 ] Having Blagged a £50k Bounce Back Loan Off Barclays By Claiming Her Business Turnover Was £200k When it Was £22k and Leaving it Unpaid, a Company Director is Given a 10 Year Disqualification The Disqualification Files
[ February 7, 2023 ] Latest Bounce Back Loan Performance Data Released – Steady Yourself Its Shocking! Subscriber Special
[ February 7, 2023 ] With No Evidence Supplied to Prove His Business Was Trading or That it Was Adversely Affected by Covid-19 and Therefore Having Not Been Eligible for the £50k Lloyds Bounce Back Loan He Got, a Company Director is Banned for 11 Years The Disqualification Files
[ February 6, 2023 ] Barclays Fire Off Another Guarantee Claim on a £50k Bounce Back Loan They Paid Out to a Company Whose Director Over-Egged His Turnover and Left it Unpaid Resulting in Him Getting a 10 Year Ban The Disqualification Files
[ February 6, 2023 ] Lloyds Bank Sees Another £50k Bounce Back Loan Turning Bad as a Company Director is Slapped with a 10 Year Ban for Over-Egging His Turnover to Get That Loan and Not Repaying It The Disqualification Files
[ February 3, 2023 ] For Getting a £50k Bounce Back Loan Off Barclays With a Turnover of Just £229 Claiming it was £400,000 and Transferring it to Unknown Individuals a Company Director is Given an 11 Year Ban The Disqualification Files
[ February 3, 2023 ] 11 Year Ban for Blagging a £50k Bounce Back Loan Off Barclays and Blagging the Job Retention Scheme and Giving Insufficient Accounts to the Liquidator The Disqualification Files
[ February 2, 2023 ] 9 Year Ban for Applying for a Lloyds Bank Bounce Back Loan By Over-Egging His Company’s Projected Turnover The Disqualification Files
[ February 2, 2023 ] 7 Year and 10 Year Bans for Over-Egging Turnover to Get a £50k Bounce Back Loan from NatWest and Using It to Pay Off Personal and Not Business Credit Card Debts The Disqualification Files
[ February 2, 2023 ] Company Director Slapped with an 8 Year Ban for Using Funds From a Coronavirus Business Interruption Loan (CBILs) For His Own Personal Benefit The Disqualification Files
[ January 31, 2023 ] Illegal Workers, Dodgy Goings-On with Two Barclays Bounce Back Loans and Other Wrongdoing Leads to a Company Director Getting a 9 Year Ban The Disqualification Files
[ January 31, 2023 ] Metro Bank Kiss Goodbye to a £24k Bounce Back Loan As a Company Director Transferred it to Herself and Left it Unpaid, She is Now Starting an 8 Year Ban for Her Wrongdoing The Disqualification Files
[ January 31, 2023 ] Having Taken the Decision to Close Her Hair and Beauty Business a Company Director Then Goes On To Apply for a Bounce Back Loan and Subsequently is Slapped with an 11 Year Ban The Disqualification Files

February 8, 2023

Barclays Have Been Forced to Pay £300 Compensation to a Customer for Not Being Clear with Bounce Back Loan Repayment Figures – Put Your Claim In For Compensation If You Are in the Same Boat – You May Just Be

October 19, 2022

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. […]

If You Have Had Access to Your Bounce Back Loan Blocked, Then Unblocked Due to a BBL Lender Messing You About Be Aware That the Ombudsman Is Making Compensation Decisions Based On Loss of the Interest Free Period

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. […]

Did You Experience One of the Many Technical Problems with Metro Bank When Applying for a BBL? Make Sure You Claim for Compensation – The FOS Have Agreed Its Due to Some People

November 20, 2021

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. […]

If You Were One of the 3000+ People Declined a Bounce Back Loan from Starling Bank and It Was Due To a Bad Credit Rating If You Complain There Is a Good Chance You Will Be Compensated

November 19, 2021

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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