Settling a BBL – Bounce Back Loan

If You’ve Defaulted on Your BBL, Debt Collectors Will Agree a Repayment Plan of What You Can Afford, Even If Its Just £1 Per Month!

Defaulted on your Bounce Back Loan? Don’t panic. Debt collectors must work with you to create an affordable repayment plan, even if it’s just £1 a month. Communicate with them, and they’ll tailor a manageable solution to help you move forward.
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Some BBL Lenders Can Offer You a Huge Discount on What You Owe, If Your BBL Is In Default, You Can Settle That Debt For Pennies in the Pound

Defaulted on your Bounce Back Loan? Some lenders may settle your debt for pennies in the pound. Negotiate, show financial hardship, and you could clear your debt for a fraction of what you owe.

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This Guide Will Walk You Through The Entire Bounce Back Loan Default Procedure, If You Have to Default or Have Defaulted, Give It a Read.

Defaulting on your Bounce Back Loan? Our guide breaks down the process, offering clear steps to handle debt collectors and repayment options, helping you navigate with confidence.

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Sample Letter/Email for Submitting a Final Settlement Offer Under the “BBL Defaulter Discounts” Provided by Certain Bounce Back Loan Lenders

Get a ready-to-use template letter for making a final settlement offer to Bounce Back Loan lenders offering “defaulter discounts” to clear your debt. […]

British Business Bank Publicly Recommends Full and Final Settlement Offers for Unpayable Bounce Back Loans, Potentially as Low as Pennies per Pound

The British Business Bank urges struggling Bounce Back Loan borrowers to propose full and final settlements, with some lenders accepting just pennies per pound. […]