How Bounce Back Loan Lenders Mark Suspected Fraudsters on the CIFAS Database
Special Reports
Customers of Major Banks Shocked to Discover Their Details Can Be Shared with Bounce Back Loan Lenders Engaging in Blackmail and Extortion
HM Government set up a very shady/seedy little scheme whereby anyone declined a business loan would be asked, by the bank that declined them, would they like their details passed over to one of three “Government approved portals” who may help them get a business loan. […]
Special Reports
Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters
The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]
Special Reports
Questioning Department of Trade’s New Bounce Back Loan Policy on Debt Collection Post-Guarantee Payout
JuA letter to the Department of Trade probes their updated Bounce Back Loan privacy policy, which hints at debt collection after guarantee payouts—what’s going on? […]