CIFAS States It Bears No Responsibility for Bounce Back Loan Database Misuse, Despite Creating It, as Lenders Admit to Adding Inaccurate Data Remotely
Letters and Demands
This Is What a Standard Income/Outcome Form Looks Like Which Needs Filling In When To Show Your Lender You Cannot Afford to Repay Your Bounce Back Loan
The Income/Outcome form some Bounce Back Loan Lenders use to get you to prove you cannot afford to repay your BBL. […]
BBL Complaints Dismissed
Santander Seizes Bounce Back Loan After Turnover Review, Ombudsman Dismisses Complaint
Santander seized a Bounce Back Loan after reviewing turnover and usage, finding discrepancies. The Ombudsman dismissed the complaint, upholding the bank’s actions. […]
BBL Blaggers
Director Banned for 9 Years for Misrepresenting Turnover to Secure £50,000 Santander Bounce Back Loan
A director faces a nine-year ban for inflating turnover to secure a £50,000 Santander Bounce Back Loan, which was unpaid at liquidation. The disqualification highlights misuse of pandemic relief funds. […]