Bounce Back Loan Defaulter Discounts Bring Relief, with Reports of Generous Settlements Sparking Joy
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
Bouncing Back Ep. 8: Why Is My Bank Questioning My Bounce Back Loan Turnover Figure?
Episode 8 investigates why banks are probing turnover figures on Bounce Back Loan applications, helping borrowers understand lender scrutiny. […]
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? […]