Summer of Love – Bounce Back Loan

Finally, the Public Sector Fraud Authority Confirms Dispatch of Bounce Back Loan Recovery Notices Under the (as I have called it) BBL Summer of Love – BBL Winter of Regret Campaign

The PSFA has confirmed sending out letters demanding repayment of defaulted BBLs as part of their intensified initiative. Borrowers facing recovery actions should prepare for negotiations or disputes. This marks a shift toward aggressive enforcement in the post-pandemic era. […]

Ahead of the BBL Summer of Love – BBL Winter of Regret Campaign, the Public Sector Fraud Authority (PSFA) Updated Its Privacy Policy Today, the 15th of August 2025

As the PSFA gears up for intensified Bounce Back Loan recovery efforts, dubbed, by myself, the BBL Summer of Love – BBL Winter of Regret, they’ve revised their privacy guidelines. The update aims to balance data protection with fraud investigations. Borrowers should review changes amid upcoming enforcement actions. […]

The Public Sector Fraud Authority’s “Fraud Risk Assessment Accelerator” – The System Employed to Create Preliminary Bounce Back Loan Fraud Evaluations with Assistance from Deloitte LLP

The PSFA’s Fraud Risk Assessment Accelerator tool, developed with Deloitte LLP, streamlines initial reviews of potential BBL fraud. It generates draft assessments to identify high-risk cases efficiently. This technology plays a pivotal role in the authority’s anti-fraud strategy. […]

A Message for Those Trapped in Strike-Off or Dissolution Uncertainty: “The Government Is Required, Until Assured a Company Cannot Fully or Partially Repay Its BBL Debt, to File Objections with Companies House to Block Any Company’s Dissolution

Companies in dissolution limbo with outstanding BBLs face government objections to prevent closure until repayment feasibility is assessed. This policy ensures debts aren’t evaded through administrative dissolution. Borrowers should address liabilities promptly to avoid prolonged restrictions. […]

What’s the Lowest Monthly Payment I Can Propose for a Defaulted Bounce Back Loan? Explore the Regulations, Lender Obligations for £1, £10, £25 Repayment Schedules, and See a Sample Income/Expenditure Form

For those struggling with BBL defaults, lenders must consider even minimal monthly offers like £1 or £10 under affordability rules. The guide details how proposals are evaluated and includes a standard income/outcome template. Understanding these can aid in negotiating sustainable repayment plans. […]