BBL Complaints and Outcomes

HSBC Block Customers Account as Part of a Review or “Safeguarding” Snatching Back That Customers Bounce Back Loan and Also Keeping His Non BBLs Funds – Ombudsman Says OK Keep That Extra Money After They Respond Very Late

Another barmy case to reveal to you today in which HSBC pull their usual dirty tracks, blocking a customers account, deciding they are snatching back a BBL and all other funds in his account, they then can’t even be bothered to reply to the Ombudsman’s on time, and keep that customer in the dark as to why they have done all of that. […]

BBL Complaints and Outcomes

Financial Ombudsman Decides NatWest Deserve a Slap for Taking An Age To Review a Customers Eligibility and Access to Their Already Approved Bounce Back Loan After Blocking That Customers Account and Orders Them to Pay Compensation

Many people out there are experiencing out of the blue “reviews” on their bank accounts and post drawn down checks on their eligibility to the Bounce Back Loan scheme, which can often see bank account access being restricted until such reviews are complete. A long and drawn-out case today in which Ben Jennings the Ombudsman orders compensation should be paid and gives his reasoning as to why. […]

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On the Day The Times Reveals Alleged Shady Goings on at Starling Bank with the Way They Processed BBL’s Another £50k Bounce Back Loan From That Bank Turns Sour With the Director Getting a 10 Year Ban

I see Lord Agnew is continuing to make waves with his seemingly loose tongue, as the story in todays The Times reveals, in which he apparently dishes the dirt on some utterly sordid shenanigans with the way that Starling Bank ran their Bounce Back Loan facility. I have asked them for a comment. Anyway here is another case which resulted in a 10-year disqualification involving a £50k BBL from that bank. […]

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Stating His Business Turnover was £200,000 to Get a £50k Barclays Bounce Back Loan and a £10k Local Council Grant When It Was in Fact Just £354 Lands Company Director with an 11-Year Disqualification

There currently appears to be no end of Company Directors who decided to take the insolvency route as a way to get out of repaying their Bounce Back Loans, but as today’s case proves, when there was any dodginess involved with obtaining and/or using that loan, it always results in a long disqualification. In this case it was 11 years. […]