Government Allocates £700 Million to Local Authorities for Grants—Don’t Be Fooled, Apply If Eligible for Business Funding
Summer of Love
What’s the Lowest Monthly Payment I Can Propose for a Defaulted Bounce Back Loan? Explore the Regulations, Lender Obligations for £1, £10, £25 Repayment Schedules, and See a Sample Income/Expenditure Form
For those struggling with BBL defaults, lenders must consider even minimal monthly offers like £1 or £10 under affordability rules. The guide details how proposals are evaluated and includes a standard income/outcome template. Understanding these can aid in negotiating sustainable repayment plans. […]
Special Reports
Barclays Defaults Customer’s Bounce Back Loan Despite PAYG Option; Ombudsman Cites Prior Missed Payments
A customer complains Barclays defaulted his Bounce Back Loan during a PAYG no-payment period, but the Ombudsman rules prior missed payments justify the action. […]
Special Reports
Tom Scholar Admits Lord Agnew’s Accuracy as Numerous BBL Guarantee Claims Hit the British Business Bank Recently
HM Treasury’s Tom Scholar concedes Lord Agnew was right as a wave of BBL guarantee claims floods the BBB. We analyse the fallout. […]