How Bounce Back Loan Lenders Handle Customers Struggling with Repayments: A Mixed Bag
Special Reports
Missed Three Bounce Back Loan Payments, Got Default Notices, and Debt Collectors Stopped Calling After 12 Months? What’s Next?
Missed three BBL payments, received default letters, and now the debt collectors have gone quiet? We explain what happens next and how to navigate the aftermath. […]
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. […]
BBL Blaggers
Michael John Lennon, Hybrid Fitness NI Limited Director, Accepts 7-Year Ban for Fraudulently Obtaining £20,000 Bank of Ireland Bounce Back Loan and Failing to File Accounts
Fraudulent Bounce Back Loan applications have prompted the Insolvency Service to pursue directors for compensation orders. […]