
Delaying Bounce Back Loan Defaults: PAYG Option Uptake, Arrears Statistics, and Total Number of Loans in Default

The Insolvency Service intensifies its crackdown, banning 736 directors and issuing 87 bankruptcy restrictions in 2024-25 for Bounce Back Loan fraud, signalling tough enforcement. […]
Vulnerable borrowers are encouraged to inform Bounce Back Loan lenders, who must offer fair treatment and may write off debts, halting recovery efforts. […]
The BBL “Door Kicker” squad hauled off two suspects in a £1.8M fraud investigation. We dive into the dramatic arrests and what’s next. […]
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