Twitter Vault – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

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[ June 2, 2023 ] Barclays Offer to Write Off a Bounce Back Loan (The Amount They Didn’t Manage to Snatch Back Out of a Customer’s Account They Reviewed and Decided His Business Wasn’t Ineligible For) the Ombudsman Says They Can Do That and You Are Not Having the BBL Back BBL Complaints and Outcomes
[ June 2, 2023 ] Over-Egging His Company’s Turnover to Get a Santander Bounce Back Loan and Explaining He Used Most of Those Funds for Personal Needs and Not for the Benefit of His Business During the Pandemic Results in a Director Getting a 9 Year Ban The Disqualification Files
[ June 2, 2023 ] Company Director Who Chanced His Arm Applying for Two Bounce Back Loans for His Single Company from HSBC and NatWest, and Succeeded in Getting Them Both, is Today Starting an 11 Year Ban The Disqualification Files
[ June 2, 2023 ] For Over-Egging His Company’s Turnover Over and Above the Additional 25% of the Permitted 25% Turnover Figure That the Powers That Be Will Turn a Blind Eye to, to Get a BBL, and Transferring a Chunk of the BBL to a Friend/Family Member a Director is Slapped with an 11 Year Ban The Disqualification Files
[ June 2, 2023 ] Barclays Get the High Court to Wind Up Another Company That Didn’t Repay a Bounce Back Loan With Its Director Getting an 11 Year Ban After She Admitted It Never Had Any Turnover, Despite Claiming on the BBL Application Form Its Turnover was £198,000 The Disqualification Files
[ June 1, 2023 ] If You Heard Me on the Jeremy Vine Show Today Talking About Bounce Back Loans and Want to Access the Bounce Back Loan Helpline or the Rules About Arrears, Defaults and Everything Else Read On Todays News
[ June 1, 2023 ] Two Years After Putting in a BBL Application an HSBC Customer Complains the Bank Cancelled His Application and He Missed Out on Getting One, 11 Months Later the Ombudsman Finally Says The Banks Offer of £150 Compensation is Fair BBL Complaints and Outcomes
[ June 1, 2023 ] For Over-Egging Her Business Turnover to Get a £50k Barclays Bounce Back Loan Then Approving Accounts with a Much Lower Figure, a Company Director is Today Starting a 9 Year Ban The Disqualification Files
[ June 1, 2023 ] For Not Supplying Any Logical Explanation of How He Arrived at His Estimated Turnover Figure to Get a Lloyds Bank Bounce Back Loan and Also Using the Funds for Personal Benefit a Director is Slapped with an 11 Year Ban The Disqualification Files
[ June 1, 2023 ] Due to HSBC Not Being Bothered to Utilize the BBL Database Set Up to Stop People Bagging More Than One BBL for Their Single Company a Director is Hit with a 12 Year Ban for Getting Two BBL’s from Starling Bank and HSBC The Disqualification Files
[ May 31, 2023 ] Facts and Figures Related to Active Civil and Criminal Insolvency Service Investigations Into Those Suspected of Having Blagged the Bounce Back Loan Scheme and Other Covid-19 Financial Support Schemes Subscriber Special
[ May 31, 2023 ] 8 Year Ban Handed Out to Director Who Did Not Use His Funding Circle Recovery Loan (Replacement for the Bounce Back Loan Scheme) for the Benefit of His Business The Disqualification Files
[ May 31, 2023 ] For Getting a £45k Santander BBL By Claiming Her 2019 Business Turnover Was £185k Which Included Compensation Her Business Never Got, When Her Actual Turnover Was Just £1,846 Results in a Director Getting an 11 Year The Disqualification Files
[ May 31, 2023 ] Having Over-Egged His Business Turnover to Get a Santander Bounce Back Loan of Over £45k More Than His Real Turnover Figure Was Entitled to, Another Company Director is Slapped with a 10 Year Ban The Disqualification Files
[ May 30, 2023 ] The Mother and Father of the Princess of Wales Have Been Bitten by the Defaulting on a Government Backed Loan Bug, Like Rishi Sunak’s Wife’s Investments Are Famed for Doing Todays News

June 2, 2023

HSBC Confusion Over Sort Codes When Applying for a Bounce Back Loan

July 9, 2020

So interestingly I’ve not had my drawdown yet, however I have just had a call from HSBC checking that my bank details on the DD mandate are correct and now that they’ve checked the funds […]

No Problems Getting a Lloyds Bank Bounce Back Loan

July 9, 2020

Hi, thanks didn’t realise I didn’t reply before. Managed to get through and open a biz account with Lloyd’s on boarding from Halifax last week and applied for the loan late last Wednesday. Appreciate it […]

I Used My New Clydesdale Account Before Applying for a Bounce Back Loan

July 9, 2020

Hi there. Just wanted to let you know I’ve been following your page and have applied to open an account with a few different banks since being on the waiting list with Tide. I applied […]

NatWest Bunged Me £100 Compensation for My BBL Delay

July 9, 2020

Hi, just a quick message – after the chaos with NatWest when the system went live, I submitted a complaint with them due to the delay being 10 days instead of the agreed (and advertised) […]

Weeks After a Promised Barclays Call Back I Get One

July 9, 2020

Hi. So, after nearly two months wait (wanted to apply on day 1) or actually three months (at beginning of April tried to apply for the previous type of a loan) I FINALLY got a […]

HSBC Asked for a Nominated Bank Account is that a Good Sign?

July 9, 2020

Hi. First of all I think you are doing great job to try to help people. I would like to ask your advice. I applied for HSBC Feeder Acc. a week ago, application was stuck […]

Any Point in Appealing an HSBC Feeder Account Decline?

July 9, 2020

First of all thanks for all the information and effort you have put in – been amazing support. I finally got somewhere with HSBC after following your suggestions and emailing CEO etc. Anyway, after first […]

Waited Over a Month and HSBC Sent Out an Incorrect EchoSign

July 9, 2020

Hi, just wondered if you have any idea when I will get my BBL from HSBC from your experience?.. I applied 14th May, echo signed on 16th June, now it’s the 22nd and still waiting […]

I Have Had an Eight Week Bounce Back Loan Saga with Santander

July 9, 2020

I originally applied with Santander 8 weeks ago and after 5 weeks I chased them and they ‘lost‘ my application so I had to cancel that one and reapply. 2nd time was a bit quicker […]

CIFAS Markers On My Company Causing Bounce Back Loan Problems

July 9, 2020

Hey GUYS I’m hoping everyone is well, I am the owner of A limited company and I bank with Barclays, 4th of May I was on Barclay’s website for the BBL, It didn’t give me […]