Bouncing Back Ep. 10: Does Bounce Back Loan Default Impact Other Loans or Mortgages?
Special Reports
NATIS BBL Fraud Squad and Regional Police Arrest Five Suspects in £1 Million Bounce Back Loan Fraud Scheme
The BBL “Door Kickers” and regional police nabbed five in a £1M fraud sting. We detail the arrests and ongoing probe. […]
Special Reports
Ombudsman Clarifies Government Exempted Bounce Back Loans from Consumer Lending Rules, So Requiring Barclays to Provide a Detailed Graph of Monthly Interest Payments Would Be Overly Burdensome
The Ombudsman notes Bounce Back Loans’ exemption from consumer lending rules, deeming Barclays’ detailed interest payment graphs too burdensome to provide. […]
Special Reports
Barclays Ends Customer’s Bounce Back Loan PAYG Holiday; Ombudsman Rejects Complaint, Citing Fraudulent Second Loan Due to Business Structure
Barclays cancels a customer’s PAYG repayment holiday, and the Ombudsman dismisses his complaint, ruling one of his two Bounce Back Loans was fraudulently obtained. […]