Insolvency Service’s Ongoing Investigations into Bounce Back Loan and Covid Scheme Fraud
Special Reports
Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme
The Ombudsman faults Lloyds for an unaffordable overdraft but clears their larger Bounce Back Loan approval, blaming the scheme’s flawed design. […]
Special Reports
Review the Default Rates of Bounce Back Loans by Lender, with Conister Leading Failures at 82.42%, While Others Remain On Track
Explore Bounce Back Loan default rates by lender, with Conister’s staggering 82.42% failure rate standing out, while others maintain solid repayment records. […]
Special Reports
Bouncing Back Ep. 10: Does Bounce Back Loan Default Impact Other Loans or Mortgages?
Episode 10 explores whether defaulting on a Bounce Back Loan could jeopardize your other loans, overdrafts, or mortgage agreements. […]