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

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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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. […]
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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