Even though some people were permitted to estimate their turnover when applying for a BBL, banks like Santander are checking their customers bank accounts and Companies House records to ensure those estimates were within reason. […]
Many people did find, that after applying for a Bounce Back Loan, their bank suddenly closed their account, after declining their BBL application. However, NatWest have become infamous for delays in sending out the balances of such closed accounts, and as you […]
Even though the person in the complaint below never did get a Bounce Back Loan from Santander, the Ombudsman awards them £731 compensation for the messing about that bank forced them to endure. […]
Just a reminder, as you will see in the case below, if a BBL Lender decides to terminate your Bounce Back Loan they are allowed to snatch money from your bank account to pay back that loan, and the Ombudsman will rarely disagree with those actions. […]
Have a read through of the following document, which clearly shows why many people who never succeeded in getting a Bounce Back Loan from HSBC via a Feeder Account missed out on one due to when their business started trading. […]
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