Being knocked back by your own bank for a Bounce Back Loan was agony for a lot of SMEs, much more so when they were able to eventually get one with another lender. This complaint looks at that very situation and how the Financial Ombudsman handled that complaint. […]
If you live in Sussex, Surrey, Kent, Essex, Suffolk, Norfolk, Cambridgeshire, or Hertfordshire and have been looking for a Recovery Loan lender then be aware the British Business Bank have just accredited Let’s Do Business Finance. However, in something of a refreshing change, they are the first lender that are actively […]
Today I bring you an insight into Bounce Back Loan recoveries and defaults from the other side of the fence. […]
I saw so many accounts being closed, BBLs being snatched back, and bank account applications declined by NatWest during the time the BBL scheme was live it was shocking, however many people have complained to the Financial Ombudsman about such things and this is such complaint. […]
Many people were declined an HSBC Feeder account to gain access to the Bounce Back Loan scheme, even existing customers of that bank, and below you will find an overview of one such complaint the Financial Ombudsman investigated but did not uphold. […]
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