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HSBC Performing U-Turns on Bounce Back Loan Snatch-Backs and are Offering Some of Those They Demanded Return Their Loans the Same Repayment Terms

It appears HSBC are realising they made so many cock-ups during the Bounce Back Loan scheme they need to take it on the chin, and in fact they are doing just that. One customer of theirs who had been sent out a snatch-back letter earlier this year has just been told they can keep the loan and on the same repayment terms. However, in an added twist, the Financial Ombudsman decided they were right to demand repayment. […]

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