RBS Defaults Bounce Back Loan Over System Error; Ombudsman Upholds Negative Credit Mark Despite Accident
Special Reports
Lords Member and Ex-Shadow Chancellor Profit from Bounce Back Loan Debt Collection with Disturbing Tactics
A Lords member and former Shadow Chancellor profit from Bounce Back Loan debt collection, using predatory “psychological animal spirit” tactics to intimidate borrowers. […]
BBL Complaints Dismissed
NatWest Demands £40k Bounce Back Loan Repayment Despite Eligibility Assurance, Ombudsman Dismisses Complaint
NatWest demanded repayment of a £40k Bounce Back Loan, despite a manager’s eligibility assurance. The Ombudsman dismissed the complaint, finding the bank’s demand justified. […]
Special Reports
HM Treasury, British Business Bank, and BEIS Share Key Lessons Learned from Bounce Back Loan and Other Covid Loan Programs
HM Treasury, the BBB, and BEIS reflect on the Bounce Back Loan scheme’s successes and failures. We analyse their lessons and what they mean for the future. […]