BBL Complaints Archives - Page 45 of 55 - Mr Bounce Back - Bounce Back Loan News - Updates

Hayley West the Ombudsman Decides That Clydesdale Bank Were Within Their Rights to Snatch Back a Bounce Back Loan for Reasons That Must Remain Secret

January 30, 2022

The murky world of Bounce Back Loans continues to amaze the British Public, with stories of dodgy BBLs being handed out to drug addicts and even criminal gangs now becoming an almost daily occurrence. That saga will of course continue to get worse moving forward, with plenty of additional scandals yet to be revealed, but today […]

Santander Snatch Back Another Customers Bounce Back Loan Stating Post Draw Down Checks – Upshot is that After an Investigation Ben the Ombudsman Sides With the Bank

January 29, 2022

Today’s case that resulted in Santander snatching back and ultimately cancelling a BBL revolves around questions about a business’s turnover and red flags raised by transfers out of the business bank account from Bounce Back Loan funds. […]

HSBC Payout a Bounce Back Loan in Error and the Ombudsman Decides Their Decision to Snatch It Back was Fair – Let’s Hope the Bank Didn’t Blag the Interest Taxpayers Paid on that Dodgy BBL

January 24, 2022

A rather complicated case today that landed on the desk of Hayley West the Ombudsman, and whilst the complaint was not upheld, it does pose the question of whether the interest the Government paid on an erroneously approved BBL was paid to HSBC and if so, did they pay it back. I will ask and see what they say. […]

NatWest Snatch Back a Customers Bounce Back Loan and Close His Account – Liam the Ombudsman Say They Can Do That and Your Complaint is Not Upheld

January 23, 2022

I know a huge number of people who initially got a Bounce Back Loan from NatWest had them suddenly snatched back, and then had their account(s) with that bank closed, and in this update, you will see a recent outcome determined by Liam the Ombudsman on one such case. […]

Financial Ombudsman Service Tell Me Arrogantly Their Staff “Are Aware of the Rules” Then in Typical Idiot Fashion Make a Shocking Error That Could According to the British Business Bank Could Cost a Business Dear

January 19, 2022

I put up a story the other day regarding a Financial Ombudsman Service decision in which it was stated that a business owner couldn’t prove their turnover for a BBL and […]