HSBC Bounce back loan

PES1

LockdownUK said:

I appplied on the 4th the first time, then again on the 11th of May. On the 13th I received an email containing the agreement (confirming that I had been approved)  Signed it straightaway and nearly a week later (19th) I still haven't received the funds, nor heard anything from HSBC again. Just checked and there are no new DDs. Has anyone else experienced the same i.e., sign the agreement and waited 6 days or more for the funds?

I applied on the 4th too then again on the 11th. Signed the echosign agreement and DDM on 12th. Since then nothing and there's no new DDM set up - useless!

jl007

I Applied on the 6th got the email address slightly wrong so re applied on the 8th. Have had no correspondence so re applied today. HSBC need to sort this out.

LockdownUK

PES1 said:

LockdownUK said:

I appplied on the 4th the first time, then again on the 11th of May. On the 13th I received an email containing the agreement (confirming that I had been approved)  Signed it straightaway and nearly a week later (19th) I still haven't received the funds, nor heard anything from HSBC again. Just checked and there are no new DDs. Has anyone else experienced the same i.e., sign the agreement and waited 6 days or more for the funds?

I applied on the 4th too then again on the 11th. Signed the echosign agreement and DDM on 12th. Since then nothing and there's no new DDM set up - useless!

They really are!
I just hope the second application hasn't hindered the first one. The whole thing is so poorly designed that the application ID we get upon applying is not associated with the echosign email, so there is no way of knowing whether it was the first or the second application that was received and subsequently approved. Argh!

jl007

LockdownUK said:

PES1 said:

LockdownUK said:

I appplied on the 4th the first time, then again on the 11th of May. On the 13th I received an email containing the agreement (confirming that I had been approved)  Signed it straightaway and nearly a week later (19th) I still haven't received the funds, nor heard anything from HSBC again. Just checked and there are no new DDs. Has anyone else experienced the same i.e., sign the agreement and waited 6 days or more for the funds?

I applied on the 4th too then again on the 11th. Signed the echosign agreement and DDM on 12th. Since then nothing and there's no new DDM set up - useless!

They really are!
I just hope the second application hasn't hindered the first one. The whole thing is so poorly designed that the application ID we get upon applying is not associated with the echosign email, so there is no way of knowing whether it was the first or the second application that was received and subsequently approved. Argh!

Agree with that have I been moved to the back of the queue again. Spoke to a mate who applied with lloyds approve immediately and funds in account next day.

Eassenav

I have just checked my account as it is 24 hours since I signed my agreement. No funds yet but the direct debit has been set up.

SRB1609

Further to my previous post's and to give all encouragement my money has just hit my account! No notification however, it was just there! Good luck everyone.

PES1

Eassenav said:

I have just checked my account as it is 24 hours since I signed my agreement. No funds yet but the direct debit has been set up.

As I said, I signed last Thursday, no funds and no Direct Debit set up

Janethunter65

Steviet75 said:

Has anyone opened an HSBC account for the purposes of getting this loan? I applied for an account last Friday (business) and heard nothing yet 

Hi - I applied for a feeder account on the 6th and not heard a squeak from them ... 

Janethunter65

chris_h16 said:

Has anyone applied for the HSBC feeder account? I applied on Monday 11th May on the phone for the feeder account, gave name, address, phone, email, business name, nature of business and how much I was looking to borrow, but so far heard nothing. This is all before even applying for the BBL

Hi I applied on the 6th but heard nothing yet. It does look like others (who already banked with HSBC) are starting to get paid though... mines a new business and showed a loss last year (due to refurbishment) but I’m worried I won’t get a BBL 

Danrover82

If you apply at dinner on Friday,  would you count Friday as day 1, Sat 2... So Weds day 6?

And is anyone checking their Credit file for the search Hard or Soft?