BBL Complaints and Outcomes Archives

Ombudsman Does Have the Power to Force a Bank to “Replicate” a Bounce Back Loan Even Now That the Scheme is Closed If That Bank Made Errors When You Applied Leading to You Not Getting One

June 16, 2022

An interesting insight today into getting a “replica” Bounce Back Loan even though the scheme is now closed, if you have a complaint about a bank messing you about, declining your application unfairly or making errors warrants the […]

Sole Trader Complains That Barclays Arranged an Appointment to Allow Him to Open a Business Account to Apply For a Bounce Back Loan When the Branch Was Closed, the Ombudsman Awards Increased Compensation

June 13, 2022

There are so many complaints about Bounce Back Loans that the Financial Ombudsman Service are working their way through, however some, like the one in today’s case, have been resolved, resulting in Barclays getting a slap. […]

Jenny Lomax the Ombudsman Decrees That Santander Did Mess a Bounce Back Loan Applicant About Due to All Manner Of Errors, and Quite Pathetically Awards Just £175 in Compensation

June 10, 2022

Santander have been slapped on the wrist yet again by the Ombudsman as you will see in today’s case, which, much like many BBL related cases that go through the Financial Ombudsman Service, has taken quite some time to get sorted out. Santander also seems blissfully unaware some people trade in cash and even have accounts at other banks too. Imagine that! […]

HSBC Pay £150 Compensation For Delays in Approving a Bounce Back Loan Which the Ombudsman Says Is Fair But They are Then Given the Greenlight By the Ombudsman to Snatch That BBL Back After a “Safeguarding Review”

June 8, 2022

Some more BBL madness for you today, in which HSBC pay £150 in compensation for delays in approving a Bounce Back Loan, but then perform one of their infamous “safeguarding reviews” and ultimately demand that BBL back, the Ombudsman says the compensation is fair, but then says, quite bizarrely, HSBC are right to recall the BBL! […]

Lloyds Bank Incorrectly Log a CIFAS Marker on a Customer Resulting in Him Being Declined Repeatedly For a Bounce Back Loan the Ombudsman Decides £500 is Fair Compensation

June 7, 2022

Missing out of a Bounce Back Loan was something many business owners did experience for various reasons, however in todays case it was down to an incorrectly applied CIFAS marker by Lloyds Bank, after complaining to the Ombudsman £500 was deemed to be fair compensation. […]